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NZD/USD finding traction and attracting bids through 0.8580

FXStreet (Guatemala) - NZD/USD is trading at 0.8584, up 0.14% on the day, having posted a daily high at 0.8589 and low at 0.8560.

NZD/USD has found some traction and is moving up through the 0.8580 region and post yesterdays dismal performance, looking to a daily chart, we see that RSI is neutral at 48.30. The 200 SMA is currently at 0.8631, down from 0.8692 at the last period close, and declining on the hourly NZD/USD chart.

NZD/USD Levels

Spot is presently trading at 0.8584, and next resistance can be seen at 0.8589 (Hourly 20 EMA), 0.8618 (Daily Classic S3) and 0.8626 (Daily 100 SMA). Next support to the downside can be found at 0.8573 (Daily Open) and 0.8560 (Daily Low).

AUD/USD finds a base ahead of 0.94

AUD/USD was unable to sustain gains post China HSBC PMI (18-month high), currently trading circa 0.9420 after having found a base at the 0.9410 line.
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