8 Jul 2014
NZD/USD hits multi-year highs above 0.8800
FXStreet (Córdoba) - The NZD/USD rose during the European session to 0.8804, reaching the highest price since 2011, but failed to hold above 0.8800 and pulled back.
The retreat from daily highs found support at 0.8775 and after Wall Street opening tested again levels above 0.8800, but it was rejected. Currently trades at 0.8787, up 0.32% for the day.
NZD/USD levels to watch
Above 0.8805 (daily high), the next key resistance could be located around 2011 highs that lie at 0.8840/45. To the downside immediate support lies at (0.8775 (intraday low) and below here at 0.8745 and 0.8730.
The retreat from daily highs found support at 0.8775 and after Wall Street opening tested again levels above 0.8800, but it was rejected. Currently trades at 0.8787, up 0.32% for the day.
NZD/USD levels to watch
Above 0.8805 (daily high), the next key resistance could be located around 2011 highs that lie at 0.8840/45. To the downside immediate support lies at (0.8775 (intraday low) and below here at 0.8745 and 0.8730.