NZD/USD chart on Trading View used for analysis
- NZD/USD pauses upside at 200-DMA, bias remains bullish.
- Momentum studies are bullish, with nice convergence on RSI and Stochs.
- MACD and DMI also support upside in the pair. Scope for further upside on break above 200-DMA.
- On the weekly charts, price has broken above 55-EMA and Bollinger Bands are widening suggesting rise in volatility.
- Next immediate resistance above 200-DMA lies at 50% Fib at 0.69 ahead of 0.6979 (110W EMA) and 0.6989 (200W SMA).
- Rejection at 200-DMA could see drag till 20-DMA. Break below cloud negates bullish bias.
Support levels - 0.6811 (38.2% Fib), 0.6706 (Nov 12, 13 low), 0.6689 (20-DMA)
Resistance levels - 0.69 (50% Fib), 0.6979 (110W EMA), 0.6989 (200W SMA)
Recommendation: Stay long on break above 200-DMA, SL: 0.6830, TP: 0.69/ 0.6980
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.


Energy Sector Outlook 2025: AI's Role and Market Dynamics
US Gas Market Poised for Supercycle: Bernstein Analysts
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One
FxWirePro: GBP/USD recovers some ground but bears are not done yet
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
Goldman Predicts 50% Odds of 10% U.S. Tariff on Copper by Q1 Close
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
FxWirePro: USD/CNY bears maintain upper hand
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes
Geopolitical Shocks That Could Reshape Financial Markets in 2025
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout 



