Exchange rate still is above the moving averages with periods of 34, 55, 89 and 144, which are directed upward and points to the continued bullish sentiment, as well as are a number of support levels 0.7740/30, 0.7700 and 0.7670.MACD histogram is located in the negative zone, but above its signal line, continues to gradually rise, and thus sends a signal to buy NZD / USD.
Stochastic Oscillator is in the neutral zone and generates a similar signal as the% K line rises above the% D.
Therefore, we expect that the growth of NZD / USD will continue and the region of local maxima will again be tested for strength.
Resistance levels: 0.7790/0.7800, 0.7825, 0.7850, 0.7870, 0.7900
Current Price: 0.7762
Support levels: 0.7740/30, 0.7700/0.7690, 0.7670, 0.7635, 0.7610/00
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