Chart - Courtesy Trading View
NZD/USD was trading 0.40% higher on the day at 0.6853 at around 13:00 GMT.
Risk-on environment helped push the antipodeans higher across the board.
The major has broken above 21-EMA resistance which was capping upside from past few sessions.
Oscillators have turned bullish, Chikou span is biased higher. Price action is now above 200H MA.
MACD supports gains. Positive DMI crossover on negative DMI adds to the upside bias.
Traders focus on the US weekly Initial Jobless Claims and Chicago PMI data for trading impetus.
Support levels - 0.6821 (5-DMA), 0.6817 (21-EMA), 0.6784 (20-DMA)
Resistance levels - 0.6856 (Upper BB), 0.6881 (23.6% Fib), 0.6890 (55-EMA)
Summary: NZD/USD trades with a bullish bias, on track to test 23.6% Fib at 0.6881. Bullish invalidation likely below 21-EMA.


FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro- Major European Indices
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 



