NZD/USD chart - Trading View
NZD/USD is extending bull run, has hit fresh 3-month high at 0.6492, momentum with the bulls.
The pair has gained a whopping 4.51% for the week as price action extends 200-DMA breakout.
Technical indicators are strongly bullish. GMMA Indicator shows strong upside potential in the near-term.
Price action is above Ichimoku cloud and rising Chikou Span suggests upside continuation. Scope for test of 0.66 mark.
Oscillators are in overbought territory and warrant some caution. That said, there are no signs of reversal and pullbacks are also likely to be shallow.
Focus on key U.S. Nonfarm Payrolls data (scheduled at 12:30 GMT) which is expected to show a further deterioration in the state of the US labour market.
A weaker NFP data will add pressure on USD, supporting the pair higher. 110W EMA at 0.6544 in sight.
On the flipside, 5-DMA is immediate support at 0.6407. Retrace below 200-DMA negates upside bias.
Summary: NZD/USD trades with a strong bullish bias. Technical indicators support further gains. Next bull target lies at 0.6542 (110W EMA) ahead of 0.6608 (88.6% Fib).


Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
FxWirePro: GBP/AUD drifts lower after BOE rate decision
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
FxWirePro: USD/JPY edges higher as focus shifts to BOJ decision
FxWirePro: USD/CNY dips to hit three year low,scope for further downside
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
FxWirePro : GBP/NZD strongly bearish despite upside attempts
FxWirePro:EUR/NZD gains some upside momentum but still bearish
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
FxWirePro: GBP/USD rises as soft US data pressures dollar
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD gains some ground but outlook is bearish 



