NZD/USD chart on Trading View used for analysis
- NZD/USD edges higher for the 3rd straight session, recocers from multi-week lows at 0.6585.
- The antipodeans have found support in early Asia amid risk-on action seen in stocks.
- Positive news related to the US-China trade war alongside China's announcement of more stimulus measures coming from the banking sector add support.
- News flows as how the trade-talks develop along with macro data from China will influence price action.
- Price action hovers around stiff resistance at 0.6750 (nearly converged cloud top and 21-EMA).
- Technical indictaors on the daily charts are turning slightly bullish. Stcochs and RSI are biased higher.
- Decisive break above cloud will target 200-DMA at 0.6809. Further upside only on break above.
- On the flipside, retrace below 5-DMA will see resumption of weakness. Dips till cloud base likely.
Support levels - 0.6707 (5-DMA), 0.6663 (23.6% Fib), 0.6585 (Jan 3 low)
Resistance levels - 0.6750 (nearly converged cloud top and 21-EMA), 0.6809 (200-DMA)
Recommendation: Watch out for break above 0.6750 to go long, target 0.68/ 0.6870


AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
FxWirePro- Major Pair levels and bias summary
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
FxWirePro: AUD/USD cedes early gains ,outlook bearish
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
All Major JPY Pairs Hit Extreme Bearish Score of -100: USDJPY, EURJPY, GBPJPY, AUDJPY, NZDJPY & CADJPY Flash Maximum Weakness
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: GBP/AUD bears maintain upper hand
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro: GBP/AUD drifts lower after BOE rate decision
FxWirePro- Major Crypto levels and bias summary
NZDJPY Bears Stay in Command: Sell Rallies at 92.72-75 Targeting 90 as All EMAs Flash Red 



