NZD/USD chart - Trading View
NZD/USD trades rangebound as the pair consolidates previous session's spike, outlook remains bullish.
Upbeat comments from RBNZ Governor Adrian Orr and the central bank’s acceptance of the New Zealand Finance Minister’s push for a change in policy guidelines favor kiwi bulls.
New Zealand’s Finance Minister Grant Robertson suggested that the RBNZ needs to consider the housing market and government policies for decision-making.
Antipodeans also buoyed by the current ongoing commodities super cycle. Bulls look for more risk catalysts for fresh impulse.
Technical studies support further upside. Price action has broken out of monthly cloud and is above 200 month MA.
GMMA indicator shows bullish trend. The pair is on track to test 61.8% Fib retracement at 0.7550.


FxWirePro: USD/ZAR down trend loses steam, remains on bearish path
NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists
FxWirePro: USD/JPY extends falls as Japanese yen extends rally after hawkish BoJ minutes
FxWirePro: EUR/AUD slips following RBA minutes , plunge to test a key fibo grows
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas
EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/CAD slips as firm oil price lift loonie despite soft GDP data
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook
FxWirePro: USD/CAD outlook weaker on renewed downside pressure
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar
FxWirePro: EUR/NZD set for bigger drop, but close below key fibo needed
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
USD/CHF Bears in Control: Dips Below 0.7870 Signal More Downside Ahead 



