- NZD/USD downside intact, pair likely to test 200-DMA at 0.6650. Break below could accentuate weakness.
- US dollar to keep upbeat momentum post hawkish Yellen comments which raised Fed rate hike bets.
- On the other hand, commodities struggling to keep upside momentum, denting scope for upside in the Kiwi.
- Technically the pair finds minor support by trendline at 0.6680, break below will see test of 200-DMA at 0.6650.
- Break below 200-DMA could accentuate weakness, raises scope for test of next major support by 0.6485 (trendline).
- On the NZ calendar we have: business confidence (ANZ,Tue), as well as a growth gauge (also contains inflation expectations components), the GDT dairy auction is on Wed.
- The US calendar is more important, May non-farm payrolls on Fri posing downside risks for the US dollar.
Recommendation: Good to short break below 0.6680, SL: 0.6740, TP: 0.6650/0.66/0.6575


AUDJPY Rebounds on Yen Weakness – Bullish Buy Setup Above 112 Targets 115
FxWirePro: AUD/USD eases as investors switch focus to RBA
FxWirePro: GBP/AUD edges higher but bulls lack punch
Currency Score Major Pair: Extremely Bullish GBPUSD, AUDUSD & NZDUSD – Key Levels to Watch
NZDJPY Bullish at 365-EMA Support: Buy Dips Toward 95 Target
FxWirePro- Major Pair levels and bias summary
JPY Currency Scoreboard: USDJPY and NZDJPY Emerge as Top Bullish Pairs to Watch
FxWirePro:' USD/CAD faces downside risk below 1.4000
AUDJPY Holds Firm Above 112 on Broad Yen Weakness: Buy Dips Toward 115
EURUSD Flat Amid Middle East Tension – Bullish Dip Buy Eyes 1.1660
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/AUD under pressure after disappointing U.S. employment data
FxWirePro: EUR/AUD slips after surprise U.S. employment data
NZDJPY Bullish Above 93 as Yen Stumbles – Buy Signal Triggers at 93.50
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
GBPJPY Surges on Yen Weakness – Bullish Dip Buy Eyes 217 



