Chart - Courtesy Trading View
NZD/USD was trading 0.12% higher on the day at 0.6257 at around 11:50 GMT.
The pair is extending gains for the sixth straight session and is holding above 21-EMA support.
Momentum is with the bulls. Stochs and RSI are sharply higher and RSI is well above the 50 mark.
MACD confirms bullish crossover on signal line and Chikou span is biased higher, keeping scope for further upside.
On the data front in today’s session, focus will remain on the US S&P PMI data. The Global Composite data is seen at 51.7, lower than the prior release of 52.3.
U.S. Manufacturing PMI is likely to slip to 52 vs. 52.7 recorded earlier. While the Services PMI is expected to slip to 52.6 against the former figure of 52.7.
Support levels - 0.6217 (21-EMA), 0.6192 (20-DMA)
Resistance levels - 0.6294 (Upper BB), 0.6324 (55-EMA)
Summary: NZD/USD price action has edged higher from session lows at 0.6211 and is on track to test upper Bollinger band at 0.6294.


FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level
FxWirePro: NZD/USD sidelined ahead Of key New Zealand GDP and US inflation update
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook
FxWirePro- Major European Indices
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path
USD Loses Shine: Soft Labor Market and Stalling Consumer Spending Drag USDCHF Lower
FxWirePro- Woodies Pivot(Major) 



