Technical Forex Market Outlook
NZD/USD:
Weekly Forecast: Somewhat higher
Resistance: 0.7881/88, 0.7955/96, 0.8066/93, 0.8109/90, 0.8240, 0.8269/78, 0.8327/39, 0.8365/86, 0.8423, 0.8469/72, 0.8500, 0.8534/75, 0.8676, 0.8764, 0.8793 and 0.8841.
Support:, 0.7855/59, 0.7804, 0.7795, 0.7741, 0.7731, 0.7605/72, 0.7549, 0.7523, 0.7504, 0.7500, 0.7453/67, 0.7426, 0.7404, 0.7342, 0.7321, 0.7189, 0.7115, 0.7000 and 0.6945/62.
200-day MA: 0.7990 and rising slightly.
14-day RSI: 44.7 and falling.
