NZD/USD remaining on the bid

FXstreet.com (Guatemala) - ="">NZD/USD is higher still after a very poor Non Farm Payrolls number.

>NZD/USD has continued on the bid offering opportunities to fade the top sides of the extremes while the speculative market still remains very short of both the AUD and NZD. Data releases from the US and New Zealand, China and Australia will be offering two sides to the story as we move along. Meanwhile, the quarterly NZIER QSBO (Business Opinion) on Tuesday is likely to reflect the upbeat monthly ANZ business survey, while credit card sales for Dec is expected to surge by another +0.9%/mth, according to strategists at TD Securities.

NZD/USD Levels

The 20 DMA is 0.8225, the 50 DMA is 0.8242 and the 200 DMA is 0.8155. RSI (14) reads 63.48. Supports are ascending from 0.8200, 0.8232, 0.8270, 0.8284 and 0.8333. Spot is 0.8364 while resistance are 0.8415, 0.8446 and 0.8478.