NZD Crosses AT A Glance

NZD crosses have provided the ‘trendiest trends’ in recent weeks. So, today we check out NZD/USD, GBP/NZD and AUD/NZD daily charts to highlight key levels.

NZD/USD Daily

  • A strong trend has developed on the Kiwi dollar.
  • Currently within a retracement and forming a potential bullish flag formation.
  • If successful the eventual target sits around 0.7000.

NZDUSD Daily

GBP/NZD Daily

  • The cross has crashed over 8% in just 7 weeks, producing a clean bearish trend.
  • Currently trades within a corrective channel.
  • A break of Jan’s low brings the Oct ‘17 low into focus.

GBPNZD Daily Chart

AUD/NZD Daily

  • Bearish momentum is accelerating whilst it declines within a descending channel.
  • Bias remains bearish beneath the 1.0712 resistance zone.
  • A break of 1.0589 targets the April lows.

AUDNZD Daily

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