Technical analytics



Buyers managed to regain the level 0.6550 on Tuesday. They posted afresh high at 0.6570 when lost strength after touching the EMA200. The NZD declined to 0.6550 where the EMA100 provided it the additional support. The EMA200 and the EMA100 are neutral. MACD entered the positive area. RSI left to the overbought levels. The resistance stands at 0.6550, the support is at 0.6500.

We expect that the negative bias will return in the short-term. If so, the NZD/USD may ease to 0.6520 in the coming sessions.

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