NZD/USD chart - Trading View
NZD/USD was trading largely unchanged at 0.6973 at around 09:30 GMT, with session high at 0.6985 and low at 0.6947.
The major is extending sideways grind for the 3rd consecutive session, remains capped below 21-EMA.
Worries about the potential economic fallout from the fast-spreading Delta variant of the coronavirus weighed on market sentiment.
Riskier assets like the kiwi were dampened by the risk-off impulse in the markets. Pre-FOMC lull kept traders on the sidelines.
The Fed is likely to shed some light on tapering, possibly in the final quarter of this year. Any hawkish hints will drag the pair lower.
Major Support and Resistance Levels:
Support levels - 0.6961 (5-DMA), 0.6954 (55-week EMA), 0.6837 (110-week EMA)
Resistance levels - 0.6993 (21-EMA), 0.70, 0.7080 (200-DMA)
Summary: Technical bias is neutral. While Wednesday’s FOMC decision will be the key event for the week, focus also on US New Homes Sales data later today for some fresh trading impetus.


FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro: USD/CAD slips as oil rally boosts loonie
FxWirePro- Woodies Pivot(Major)
Yen Capitulation Sends GBPJPY to 17-Year Peak – 212.60 Next?
FxWirePro: USD/JPY retreats as Japan signals possible FX intervention
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro- Major European Indices
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major US Indices
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
AUDJPY Bulls Stay in Control: Buy the Dips Above 103.80 Targeting 106
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CNY downside pressure builds, key support level In focus
FxWirePro: EUR/NZD runs out of steam but maintains bullish outlook
FxWirePro: GBP/NZD bulls loosen their grip a bit, dips to be bought 



