Technical analytics

NZD/USD

NZDUSD

NZD/USD maintained its trades in the green zone on Monday. The EMA50 stopped sellers at the mark 0.7320. The price bounced off the mark and recovered to 0.7350. The resistance is at 0.7350, the support stands 0.7300.

If sellers keep pressuring the EMA50 they will break the line and will lower the spot to the immediate support.