NZDUSD bullish above the pivot point level of 0.8749

The NZDUSD is trying to settle above the daily pivot point level of 0.8749, so the next target is the resistance level of 0.8783.

If the pair manages to make a breakout at that level would be expected to rise to the level of 0.8804, which would be a bullish consolidation on the H1 chart, because the NZDUSD is above the moving emdia 200.

On the other hand, if the Kiwi manages to make a breakout in the support level of 0.8749, is expected to fall to the level of 0.8728. The MACD indicator is in positive territory.

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