NZDUSD on Tuesday rose 0.44% to 0.63308. Things to look out.

NZDUSD on Tuesday rose 0.44% to 0.63308. Things to look out.

NZDUSD Analysis

Performance after Tuesday
Period Pct Chg Momentum
Tuesday 0.44% 27.8 Pips
Week to-date 0.59% 37.1 Pips
December 2.89% 177.9 Pips

Upcoming key events (London Time)

No major events for the day.

What happened lately

No major activities.

Latest from X (Twitter)

What can we expect from NZDUSD today?

NZDUSD on Tuesday rose 0.44% to 0.63308. Price is above 9-Day EMA while Stochastic is rising in overbought zone.

Updated daily direction for NZDUSD looks bullish as the pair ended higher after Tuesday trading session.

Looking ahead for the day, immediate upside resistance level is R1 at 0.63435 with break above could target R2 at 0.63561 or figure level area. While towards the downside, we are looking at daily low of 0.63008 as an important support. Break below this level could weaken the current bullish momentum. A break above 0.63348 may suggest continuation after recent positive movement.

For the week to-date, take note that NZDUSD is bullish as the pair continued to trade higher and is up by 0.59% over the past few days.

Key levels to watch out:

R3 0.63775
R2 0.63561
R1 0.63435
Daily Pivot 0.63221
S1 0.63095
S2 0.62881
S3 0.62755

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