# NZD/USD Potential Bounce (July 30, 2014) Source: https://www.tradersway.com/resources/market-info/nzd-usd-potential-bounce-july-30-2014/ Language: en Updated: 2014-07-30 Description: Explore NZD/USD Potential Bounce (July 30, 2014). NZD/USD has been. Trade Forex and CFDs on MT4 and MT5 with tight spreads, flexible leverage and fast funding. NZD/USD has been selling off strongly in the past few days, yet the pair could be in for a relief rally as it is finding support at the bottom of the rising channel forming on its 4-hour forex time frame. Stochastic has already reached the oversold zone, indicating that a bounce might be in the cards, as price tests the support at the .8500 major psychological level. If that happens, NZD/USD might be able to climb up to the area of interest at the middle of the channel, which is around the .8700 mark. ![NZD/USD Potential Bounce (July 30, 2014)] On the other hand, a move below the rising channel could confirm that the longer-term uptrend is already over and that more losses are in the cards for this pair. NZD/USD could move all the way down to the next support zone around the .8300 mark or even until .8100. *By Kate Curtis from Trader’s Way* ## Structured data JSON-LD as served in the HTML version of this page. ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Article", "@id": "https://www.tradersway.com/resources/market-info/nzd-usd-potential-bounce-july-30-2014/#primary", "url": "https://www.tradersway.com/resources/market-info/nzd-usd-potential-bounce-july-30-2014/", "mainEntityOfPage": "https://www.tradersway.com/resources/market-info/nzd-usd-potential-bounce-july-30-2014/", "headline": "NZD/USD Potential Bounce (July 30, 2014)", "inLanguage": "en", "datePublished": "2014-07-30T12:55:25+00:00", "dateModified": "2014-07-30T12:55:25+00:00", "articleSection": "Market Info", "description": "Explore NZD/USD Potential Bounce (July 30, 2014). NZD/USD has been. 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