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5 Feb 2015
NZD/USD holds above 0.7360
FXStreet (Córdoba) - NZD/USD hovered around 0.7385 during most of the day and recently gained momentum on the back of a decline of the US dollar across the board. The pair is approaching daily highs that lie at 0.7414 and it could post the strongest close since January 28.
NZD/USD technical levels
During the Asian session the pair pulled back but found support at 0.7345 and rebounded; since European hours the area around 0.7365/70 capped the downside, becoming the immediate short term support level to consider.
To the upside, the pair is about to test daily highs at 0.7410/15, and above there the next resistance could be located at 0.7440 and 0.7495 (Jan 28 high).
NZD/USD technical levels
During the Asian session the pair pulled back but found support at 0.7345 and rebounded; since European hours the area around 0.7365/70 capped the downside, becoming the immediate short term support level to consider.
To the upside, the pair is about to test daily highs at 0.7410/15, and above there the next resistance could be located at 0.7440 and 0.7495 (Jan 28 high).