Today, the NZD/USD pair is trading in the range of $0.6795-0.6820 and is testing the MA (200) H1 moving average line ($0.6815) on the hourly chart. The situation is similar on the four-hour chart. Technically speaking, the support of $0.6795 can keep the pair from declining. The upper limit of $0.6825 represents the resistance level. The most likely range of the pair's movement for today may be hidden within the range of $0.6795-0.6825
⦁ Resistance levels are: $0.6825, $0.6855-65, $0.6895
⦁ Support levels are: $0.6795, $0.6765, $0.6740
The main scenario for the pair's promotion — breakout of the session low of $0.6795 and there may be a decline to $0.6765 (January 4 low)
An alternative scenario — if the resistance of $0.6825 (January 4 high) is broken, then the pair may rise $0.6855 (December 30 and January 3)
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