Today, the NZD/USD pair is trading in the range of $0.6655-90 - near the highs since the beginning of January. The pair failed to break through yesterday's high ($0.6690). NZD/USD rose above the moving average of MA (200) H1 ($0.6580), and on the four - hour chart-above MA (200) H4 ($0.6510).

⦁ Resistance levels are at: $0.6690-0.6710, $0.6755, $0.6785

⦁ Support levels are at: $0.6630, $0.6560-80, $0.6525

The publication of analysis is a marketing communication and does not constitute recommendation, investment advice or research by TeleTrade. Analysis is not prepared in accordance with legal requirements promoting independent investment research. It is intended solely for informational and educational purposes and shall not be understood as an offer or solicitation to buy or sell financial instruments. Indiscriminate reliance on illustrative or informational materials may lead to losses. Past performance is not a reliable indicator of future results.