Chart - Courtesy Trading View
NZD/USD was trading 0.29% lower on the day at 0.6953 at around 08:00 GMT.
The pair from multi-month peak amid strong US dollar. Russia-Ukraine stand-off and Fed’s hawkish outlook keep the USD bid.
Apart from macro data, focus will remain on fresh geopolitical developments and US President Joe Biden's meeting with NATO/European leaders.
On the data front, markets await US flash PMI prints, Durable Goods Orders and the Weekly Initial Jobless Claims for direction.
Technical bias for the pair remains bullish. Price action is above major moving averages which are trending higher.
Weekly Ichimoku cloud offers stiff resistance at 0.6955, break above will propel the pair higher.
On the flipside, 200-DMA is major support at 0.6909, retrace below will dent further gains in the pair.


FxWirePro: USD/JPY upside capped as intervention risk limit upside
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
GBP/JPY Holds the 215 Line as Yen Momentum Fades; Triple EMA Bulwark Eyes 217
FxWirePro: GBP/NZD recovers some ground but bearish outlook persists
NZD/JPY Springs Off 38.2% Fib Support: Triple EMA “Buy the Dip” Setup Eyes 96.15–97
FxWirePro: EUR/ NZD stuck in range but outlook is bearish
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD holds narrow range, focus on near-term Support
ETH Cracks $2,000: $241M Institutional Exodus From Spot ETFs Sends Bears Hunting $1,700
FxWirePro: GBP/AUD recovers some ground, geopolitics holds center stage
FxWirePro- Woodies pivot (Major)
FxWirePro: NZD/USD dips as Middle East tensions weigh on sentiment
FxWirePro: EUR/AUD dips towards 1.6200 level, scope for further downside
EURJPY Extends 5-Day Winning Streak Toward 186 — Bulls Reload on Dips for 188 Target 



