We see a strong trendline support for NZD/USD at 0.6428 levels, weakness will be seen if pair breaks below.
- Weakness in oil exposes the downside in the kiwi, NZD/USD hit session lows at 0.6456, before paring some losses to currently trade around 0.6487 levels.
- The positive China's trade balance surplus surprise proved to be short-lived, negative sentiment around the global stocks continues, Asian indices down to multi-month lows, rattles investors' confidence.
- Sentiment across global equities will continue to dominate ahead of the US datasets, including the weekly unemployment claims and import prices index.
- Immediate resistance for NZD/USD is at 0.6524 (5-DMA), while support on the downside lies at 0.6452 (Nov 17th lows) and then 0.6425 (trendline joining 0.6437, 0.6428).
Recommendation: Good to go short NZD/USD on breaks below 0.6425, SL: 0.6525, TP: 0.6260


FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data
FxWirePro- Major Crypto levels and bias summary
UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
FxWirePro: USD/JPY dips as yen strengthens ahead of BOJ policy meeting
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption
FxWirePro: NZD/USD downside pressure builds, key support level in focus
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations
FxWirePro: GBP/NZD remains bullish as rally continues
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook 



