Sentiment : 0.8079 0.8033
0.7921 is acting as support on the pair NZD/USD. This level is currently tested after a small rebound yesterday. All indicators stay bearish. The pair is moving into its former bearish channel (purple lines). We continue to advise short positions as far as 0.8033 is resistance. The breakout of 0.7921 will give a new sell signal and open the way towards 0.7850. In case of return above 0.8033, we will be neutral between this level and 0.8079.
Chart of the pair NZD/USD - Timeframe 4H - Zoom in :
Chart of the pair NZD/USD - Timeframe 4H - Zoom out:
NZD/USD Live Chart - Timeframe : 4h