Chart - Courtesy Trading View
Technical Analysis:
- NZD/USD was trading largely muted at 0.6313 at around 10:05 GMT
- The pair range bound, struggles to extend previous session's gains
- Price action is below major moving averages which are trending lower
- GMMA indicator shows major and minor trend are bearish
- Bullish RSI divergence on the daily charts keeps scope for some upside
Support levels:
S1:0.6303 (5-DMA)
S2: 0.6177 (Lower BB)
Resistance levels:
R1: 0.6356 (21-EMA)
R2: 0.6374 (20-DMA)
Summary: NZD/USD comatose around 5-DMA. Major trend is bearish. That said, watch out for retrace above 21-EMA for further upside.


FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88
EUR/JPY Bearish Outlook Persists: Ifo Weakness Caps Upside, Sell Rallies Targeting 180 Below 183 Resistance
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption
EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900
FxWirePro- Major European Indices
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance
FxWirePro- Woodies Pivot(Major)
UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206
USD Loses Shine: Soft Labor Market and Stalling Consumer Spending Drag USDCHF Lower
ETH/USD Clings Below $3000 in BTC's Shadow: Buy Deep Dips at $2700 Targeting $4000 Breakout
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook
FxWirePro: GBP/NZD remains bullish as rally continues 



