Chart - Courtesy Trading View
NZD/USD plunges lower for the third consecutive session, outlook has turned bearish.
The pair has retraced below 200-DMA and broken below 23.6% Fib retracement.
Momentum has turned bearish, RSI has slipped below the 50 mark and is biased lower.
Price action has slipped below 200H MA, GMMA indicator has turned bearish on the intraday charts.
Upside remains capped at 21-EMA, 5-DMA is on verge of bearish crossover on 20-DMA.
MACD confirms bearish crossover on signal line, Chikou span is biased lower. Major and minor trend have turned bearish on the intraday charts.
Support levels - 0.6844 (110-EMA), 0.6837 (55-EMA), 0.6789 (50-DMA)
Resistance levels - 0.6891(21-EMA), 0.6904 (200-DMA), 0.6933 (200H MA)
Summary: NZD/USD trades with a bearish bias. Scope for test of 0.6790. Next major support lies at 200-week MA at 0.6721. Breach below will plummet prices.


EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
FxWirePro- Woodies Pivot(Major)
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro- Major Crypto levels and bias summary
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro: GBP/AUD moves lower on weak UK data
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro: GBP/USD dips lower on negative UK retail sales data 



