- Pair fell 0.63% to $0.6661 on Friday from $0.6715 at the close of trade in New York on Thursday.
- New Zealand's S&P/NZX 50 index sank 1.16% to 5,917.36 points by mid afternoon in Wellington.
- A daily close above $0.6750 will turn the bias slightly bullish.
- Alternatively, current down fall will take the parity towards $0.65 marks.
- Initial support levels are seen at $0.6621, $0.6529 and $0.6472 levels.
- On the other side, resistance levels are seen at $0.6750, $0.6826 and 0.6919 levels.
We prefer to take short position in NZD/USD around $0.67, stop loss at $0.6750 and target $0.6529 levels.
