- NZD/USD has opened lower after series of large earthquakes that struck central New Zealand overnight and the following Tsunami warning.
- The pair is holding above major support at 0.7080 levels, break below to see further downside.
- Technical studies are bearish, RSI weakness at 39 levels, MACD shows bearish crossover.
- Major support levels - 0.7080 (trendline & 50% Fib), 0.7034 (Oct 13 low), 0.7016 (200-DMA), 0.6985 (61.8% Fib)
- Major resistance levels - 0.71, 0.7175 (38.2% Fib), 0.72, 0.7211 (20-DMA)
- Retail sales data due out from both the US and New Zealand due tomorrow in focus for further momentum.
- At 0925 GMT FxWirePro's Hourly Currency Strength Index stood as follows: USD: + 97.5137(Slightly Bullish), NZD: -119.779 (Highly Bearish)
Recommendation: Good to go short on breakout below 0.7080, SL: 0.7130, TP: 0.7035/ 0.7015/ 0.6985


FxWirePro: NZD/USD retreats as Middle East instability weighs
EUR/USD Rockets Past 1.1560 as Soft U.S. Jobs Data Fuel Fed Rate-Cut Surge
FxWirePro- Major Crypto levels and bias summary
FxWirePro : USD/CAD falls as strong Canadian jobs data lifts loonie
FxWirePro: USD/ZAR gains some ground, but downtrend remains
FxWirePro : EUR/NZD slips lower after soft US jobs report
FxWirePro: GBP/USD eases as dollar firms ahead of U.S. June non-farm payrolls report
FxWirePro: GBP/AUD eases slightly, focus on near-term support
DAX & CAC40 Score Perfect 100: Extremely Bullish With Major Levels to Watch as FTSE100 Hits 80
FxWirePro: USD/JPY holds tight range ahead of key U.S. payrolls data
FxWirePro: EUR/ AUD neutral in the near term, scope further downside
FxWirePro: EUR/AUD slips after surprise U.S. employment data
FxWirePro- Woodies pivot (Major)
NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop
FxWirePro: AUD/USD eases as investors switch focus to RBA 



