NZD/USD chart on Trading View used for analysis
- New Zealand unadjusted monthly trade deficit widened $90m in September to $1,560m, hits new record.
- NZD/USD has pared losses and edged higher from session lows at 0.6502, but poor showing in equities likely to keep upside capped.
- The pair's bearish bias remians intact as long as 5-DMA resistance holds.
- Break above 5-DMA could see test of channel top at 0.66. Bearish invalidation only on channel breakout.
- On the flipside, next major support lies at 0.6425 (lower BB) ahead of 0.6424 (Oct 8 low).
- Focus now on U.S. Q3 GDP data for further impetus.
Support levels - 0.6425 (lower BB), 0.6424 (Oct 8 low)
Resistance levels - 0.6548 (5-DMA), 0.66 (55-EMA and channel top)
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.


U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures
Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure
FxWirePro- Woodies pivot (Major)
Goldman Predicts 50% Odds of 10% U.S. Tariff on Copper by Q1 Close
2025 Market Outlook: Key January Events to Watch
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential
US Gas Market Poised for Supercycle: Bernstein Analysts
Energy Sector Outlook 2025: AI's Role and Market Dynamics
FxWirePro: GBP/AUD eases on Geopolitical whipsaw
European Stocks Rally on Chinese Growth and Mining Merger Speculation
Moody's Upgrades Argentina's Credit Rating Amid Economic Reforms
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50
Ethereum Cracks Under $1,700: Sell the Rally Near $1,750 as Bears Eye $1,380–$1,200
FxWirePro: NZD/USD jumps after US and Iran agree preliminary deal
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 



