- NZD/USD slips below but hovers close to the 0.73 handle, the pair sees minor correction after rallying to multi-month highs last week.
- US dollar broadly muted in the Asian session as dust settles over unexpectedly upbeat NFP data on Friday.
- The Kiwi’s attempts to recover from daily lows at 0.7279, but fails once again below 0.73 barrier, some consolidation at current levels likely before the next leg higher.
- Weakness only below 5-DMA at 0.7220, break below could see test of 0.7125 (trendline).
- On the upside breakout above 0.73 could see gains upto 0.7740 (Apr 13, 2015 high). Next immediate target above 0.73 lies at 0.7395 (May 22nd high).
- Our previous call (http://www.econotimes.com/FxWirePro-NZD-USD-extends-overnight-gains-on-track-to-test-073-levels-233275) has achieved all targets.
Recommendation: Watchout for breakout above 0.73 to go long, target 0.7395/ 0.74/ 0.7445/ 0.75


FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies Pivot(Major)
Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance
FxWirePro: USD/ZAR sustains gains as uptrend remains strong
EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies
FxWirePro: AUD/USD downside pressure builds, key support level in focus
FxWirePro: USD/CNY gains some ground but bearish outlook persists
FxWirePro: EUR/AUD eases slightly but trend is still bullish
FxWirePro: EUR/AUD gaining momentum for a move towards 1.6800 level
FxWirePro: GBP/NZD remains buoyant, looks to extend gains
FxWirePro: EUR/ NZD steadies around 2.0150, retains bid tone
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand 



