NZDUSD Analysis

New Zealand dollar against the US dollar: pay attention to the 0.6558-0.6607 regional breakthrough situation .

1 )From the daily chart, the exchange rate is in a rebound after the unilateral decline, MACD has signs of forming a golden fork, short-term attention to the 20-day moving average 0.6607 Nearby resistance, the high point on September 6 is also near the position. If the resistance is increased, it is expected to further explore the resistance near the August 31 high of 0.6601 and the August 28 high of 0.6726;
2)due to the 20-day resistance Still relatively strong, if the upper rush is blocked, then pay attention to the support of the 10-day moving average near 0.6658. If it falls below the 10-day moving average, it will weaken the short-term rebound signal. The exchange rate may re-test the support near the previous low of 0.6499;

1. resistance: 0.6607; 0.6661; 0.6726 ;
2. support: 0.6558; 0.6536; 0.6499;