Exchange rate still lies below the moving averages with periods of 34, 55, 89 and 144, which are directed downward and points to the continued bearish sentiment, as well as the next resistance levels are 0.7445, 0.7460, 0.7500 and 0.7575.MACD histogram is located in the negative zone at the moment trying to cross its signal line downwards and thereby generate a signal to sell NZD / USD.
Stochastic Oscillator is in the neutral zone and have already filed such a signal as the% K line crossed the line% D top-down and started to fall below it.
Therefore, as a confirmation of what the forex market in a given currency pair again could increase bearish sentiment, we can only wait for the breakdown of the local min 0.7337, which will open the path to levels of 0.7310/00 and 0.7260/50.
Perhaps a more distant goal of bears - 0.7210/00.
Resistance levels: 0.7400, 0.7425, 0.7460, 0.7480, 0.7500/10
Current Price: 0.7362
Support levels: 0.7337, 0.7310/00, 0.7280, 0.7260/50, 0.7210/00
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