Nzd/Usd

0.8275, which worked as support and later as resistance proved to be good as support as well. 0.8240 managed to hold the pair down, and was only temporarily breached. 0.8150, which prevented a deeper fall once again, is a strong support line.

Long positions should be re-entered above 0.8538 where the uptrend is more likely to resume. Until then stay out or watch for a potential bounce from support - 0.8420.

The latest violent bearish reversal off of post-float record highs is significant with the market now looking to carve out a major top

Look for a break back and close back below 0.8455 to strengthen outlook and accelerate, while a daily close above 0.8600 concerns.

as it shown on the 4 hr chart the pair is up trend and now giving a sign to some correction down. but anyway it trading over ema50 line. we will wait to see if it can break the up trend and close under it with this recent 4 hr candle

After the price entered the 4-hour Ichimoku Cloud there was a slight stagnation on the New Zealand dollar market – yesterday the price was moving sideways above the 0.8600 level.

Since the original move lower, price has traded back higher contesting our now resistance line giving us trending chances in the direction of our breakout.

The pair seems like it is in consolidation between 0.84 and 0.81 and could stay in that range for a little while. A break to either side runs into opposing forces just 100 pips away

The pair was likely to find support at 0.8384, the low of August 29 and resistance at 0.8571, Wednesday’s high and a four-week high.

If a M15 close above 0.8540 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 0.8400 sell only and do not buy. If price closes back above it again do nothing

The range 0.8540 and 0.8400 is neutral area, any trade done in between is personal decision and not part of this analysis