NZD/USD has retreated from strong trendline resistance at 0.6781 in Friday's trade as the greenback is seen garnering some demand as we head into FOMC later in the week.
- The pair has taken 10 DMA support at 0.6691 and has edges higher to retake the 0.67 handle, is currently trading at 0.6719 .
- Immediate support is seen at 0.6691 (10 DMA & session low) and then at 0.6680 (Daily Tenkan), breaks below could expose 0.6650 (38.2% Fib of Nov/Dec rally).
Recommendation: Good to sell rallies around 0.6720, SL: 0.6785, TP1: 0.6680, TP2: 0.6650
Resistance Levels:
R1: 0.6740 (Dec 7 high)
R2: 0.6758 (Dec 9 high)
R3: 0.6782 (Double day High Dec 10 & 11)
Support Levels:
S1: 0.6704 (Session low Dec 11)
S2: 0.6691 (10 DMA & session low)
S3: 0.6680 (Daily Tenkan)


FxWirePro: GBP/USD dips on UK GDP data miss
FxWirePro- Major European Indices
FxWirePro: GBP/NZD ticks down after UK GDP data disappoints
NZD/JPY: Bearish Momentum Builds — Sell the Rallies Below 90.90 for a Slide Toward 88.00
FxWirePro: USD/CAD pauses decline,critical support lies ahead
FxWirePro: NZD/USD weakens as RBNZ quashes rate hike talk
FxWirePro: GBP/AUD gives up early gains after UK GDP shock
FxWirePro: EUR/CAD gives back chunk of early gains, eyes another drop
FxWirePro: USD/CAD recovers slightly but trend is still bearish
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/CNY outlook weaker on renewed downside pressure
FxWirePro: USD/CNY outlook weaker on renewed downside pressure
Euro Refuses to Die: EUR/JPY Holds 182.50, Eyes 184 Breakout
ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000?
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption 



