NZD/USD chart - Trading View
NZD/USD recovery was capped at 21-EMA, the pair has slipped lower from session highs at 0.6598 and was trading at 0.6570 at around 10:30 GMT.
Kiwi remains under pressure after the Reserve Bank of New Zealand's (RBNZ) outright dovish stance.
The Reserve Bank of New Zealand kept the official interest rate unchanged at 0.25% and left the doors open for a potential cut to negative territory in the future.
The central bank boosted the large scale asset purchase program (LSAP) by NZD 100 billion.
Technical indicators have turned bearish. Bearish divergence adds to the downside bias.
Recovery attempts lack traction. Upside capped at 21-EMA and major trendline support turned resistance.
GMMA indicator shows near-term bias has turned bearish. Bears eye cloud support at 0.6476. Breach at cloud will see dip till 200-DMA.


NZD/JPY Flatlines Near 94.60: Will Key Support Reignite the Uptrend?
FxWirePro- Major Crypto levels and bias summary
EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup
FxWirePro- Major Pair levels and bias summary
FxWirePro:EUR/NZD gains some upside momentum but still bearish
FxWirePro- Woodies pivot (Major)
FxWirePro: NZD/USD firms as Kiwi gains on strong ANZ business outlook data
FxWirePro: USD/JPY edges higher as focus shifts to BOJ decision
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR firms ahead of Fed interest rate decision
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
Buy the Dips on EUR/JPY: Bullish Structure Points to 188 Target Ahead of Fed
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/USD rises as soft US data pressures dollar
FxWirePro- Major Crypto levels and bias summary
FxWirePro : GBP/NZD strongly bearish despite upside attempts 



