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NZD/USD break above 0.7700

FXStreet (San Francisco) - The New Zealand dollar is extending its recovery from 0.7660 and the pair is currently testing the 0.7750 level after breaking the 0.7700 area. The couple is enjoying the weakness of the dollar after mixed US jobs report.

Currently, NZD/USD is trading at 0.7730, up 0.48% on the day, having posted a daily high at 0.7750 and low at 0.7661. The hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is slightly bullish.

NZD/USD levels

If the pair extends advance beyond 0.7750, next resistance will be at 0.7760, 0.7770 and 0.7790. To the downside, supports are at 0.7700, 0.7660 and 0.7650.

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