NZDUSD Technicals: A forex quick look at the technicals driving the NZDUSD.

  • The NZDUSD is trading to a new high and looks toward a swing area high and looks toward stronger levels above near 0.5800.

The NZDUSD is up over 0.6% in trading today, and in the process is moving away from support levels tested earlier today near the 100 hour moving average and swing area at 0.57315, and moving toward key resistance targets near 0.5800.

In the video above I talked about the technicals that have been driving this pair higher over the last few trading days, and where it may be going and why.

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