NZD/USD Price Analysis: Kiwi is bouncing from 2020 lows, trades above 0.6400 figure

  • NZD/USD is easing down after bouncing from 2020 lows.
  • Resistance is seen near the 0.6443 level.

NZD/USD daily chart

After bouncing from fresh 2020 lows, NZD/USD is easing below the 100 SMA. Bears want to extend losses below the 0.6423 level and route toward 0.6400 and 0.6370, according to the Technical Confluences Indicator. However, bulls will try to generate a reversal up breaking above the 0.6443 0.6470 and the 0.6500 figure.

Resistance: 0.6443, 0.6470, 0.6500

Support: 0.6423, 0.6400, 0.6370

Additional key levels

NZD/USD

Overview
Today last price 0.6433
Today Daily Change -0.0009
Today Daily Change % -0.14
Today daily open 0.6442
Trends
Daily SMA20 0.6508
Daily SMA50 0.6582
Daily SMA100 0.6478
Daily SMA200 0.6501
Levels
Previous Daily High 0.647
Previous Daily Low 0.6428
Previous Weekly High 0.6504
Previous Weekly Low 0.6397
Previous Monthly High 0.6741
Previous Monthly Low 0.6453
Daily Fibonacci 38.2% 0.6444
Daily Fibonacci 61.8% 0.6454
Daily Pivot Point S1 0.6423
Daily Pivot Point S2 0.6404
Daily Pivot Point S3 0.638
Daily Pivot Point R1 0.6465
Daily Pivot Point R2 0.6489
Daily Pivot Point R3 0.6508

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