{"id":20654,"date":"2011-04-14T10:29:44","date_gmt":"2011-04-14T14:29:44","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=20654"},"modified":"2011-04-14T10:29:44","modified_gmt":"2011-04-14T14:29:44","slug":"nzdusd-testing-key-resistance-level","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/04\/14\/nzdusd-testing-key-resistance-level\/","title":{"rendered":"NZD\/USD Testing Key Resistance Level"},"content":{"rendered":"<p><strong>By Russell Glaser<\/strong><\/p>\n<p>The NZD\/USD is encroaching on a significant resistance level that if broken should spur further bids.<\/p>\n<p>Earlier today the New Zealand dollar  reached as high as 0.7955 and is currently testing the October high of  0.7975. A weekly close above this resistance level will target the Q1  2008 high at 0.8210.<\/p>\n<p>To the downside, the previous resistance levels at 0.7830 and 0.7630  should turn into supports. The rising uptrend off of the 2009 and 2011  lows comes in this week at 0.7200, followed by 0.7117.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" title=\"NZDUSD_Weekly\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2011\/04\/NZDUSD_Weekly1.JPG\" alt=\"NZDUSD_Weekly\" width=\"595\" height=\"571\" \/><\/p>\n<div id=\"wibiyaToolbar\"><\/div>\n<p>&nbsp;<\/p>\n<p><em><strong><a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\">Forex Market Analysis provided by ForexYard. <\/a><\/strong><\/em><em><strong><a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\"><br \/>\n<\/a><\/strong><\/em><\/p>\n<p>\u00a9 2006 by FxYard Ltd<\/p>\n<p>Disclaimer: Trading Foreign Exchange carries a high level of risk and                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  may                                   not                            be                                                                                                                suitable                                             for                                                      all                                                                                                                                                                         investors.                                                                                      There                                                                   is                      a                                                                                                                                                                                                                                                                                    possibility                                                                                                   that                                                                                                                                       you                                                                                        could                                                                                                                                sustain     a                                                    loss                                                                               of                                   all                                                      of                                                                        your                                                                                                                                                                                                                                                               investment                           and                                                                                                                                                                                                                therefore                                 you                                                                                                                                                                      should                                                not                                                                                                                           invest                                                                                                                               money                                                that                                                              you                                                                                                                                                                   cannot                                                                                                              afford                     to                                                                                                                                       lose.                                             You                                                                                                                                                     should                                                          be                                                                              aware                                                     of                                                                                                              all                                                                the                                                                     risks                                                                                                                                                                                                                 associated                                                                                           with                                                                                                Foreign                                                                                                                                                    Exchange                                                                                                                                                                       trading.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Earlier today the New Zealand dollar reached as high as 0.7955 and is currently testing the October high of 0.7975. A weekly close above this resistance level will target the Q1 2008 high at 0.8210.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-20654","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/20654","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=20654"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/20654\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=20654"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=20654"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=20654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}