Chart - Courtesy Trading View
NZD/USD was trading 0.08% higher on the day at 0.6760 at around 10:30 GMT.
The pair is extending range trade for the 2nd consecutive session, finds strong support at 55-EMA.
Market sentiment remains dampened by global growth worries, denting the antipodeans.
Diminishing odds for a 50 bps Fed rate hike move in March held back the USD bulls from placing aggressive bets and cushion downside in the pair.
US ADP report and Fed Chair Jerome Powell's semi-annual testimony before the House Financial Services Committee will be in focus.
Geopolitical headlines amid the resumption of the Russia-Ukraine talks on Wednesday will impact price action.
Technical bias is in favour of the bulls. The pair finds stiff resistance at daily cloud. Break above will fuel further gains.


FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR edges higher but bearish outlook persists
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 



