NZD/USD chart - Trading View
NZD/USD was trading 0.23% lower on the day at 0.7040 at around 11:45 GMT, after closing largely unchanged in the previous session.
Kiwi largely ignores upbeat ANZ Commodity Price Index data as markets remain wary ahead of FOMC minutes.
Data released earlier today showed New Zealand ANZ Commodity Price Index rose by 6.1% in March, beating market expectation of 2.7% by a wide margin.
Focus remains on FOMC minutes for any hints on the Fed’s take on the inflation outlook and the forward guidance.
Investors re-price Fed rate hike expectations, triggered by the recent series of encouraging US macro data.
Technical bias for the pair remains neutral. The pair is extending choppy trade along 110-EMA. Stiff resistance seen till 0.7080 mark. Decisive break above will buoy upside.


FxWirePro: USD/ZAR outlook weaker on renewed downside pressure
FxWirePro: EUR/AUD slips following RBA minutes , plunge to test a key fibo grows
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106
FxWirePro: AUD/USD gaining momentum for a move towards 0.6800 level
FxWirePro: USD/CAD dips below lower range, bearish bias increases
FxWirePro- Major Crypto levels and bias summary
ETHUSD Dip: Prime Buy Zone to $3600 Targets
Pound Strike Forces EURGBP Retreat – Next Stop 0.8660?
NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas
Bitcoin Stuck in No-Man’s-Land: $85K Dip or $100K Breakout Next?
EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance
FxWirePro: USD/CAD outlook weaker on renewed downside pressure
FxWirePro: USD/JPY extends falls as Japanese yen extends rally after hawkish BoJ minutes
FxWirePro: USD/ZAR down trend loses steam, remains on bearish path 



