NZIER Capacity Utilization and NZIER Business Confidence were published in New Zealand and the US will release Durable Goods Orders MoM and Total Vehicle Sales. The support rests at 0.67540 with resistance at 0.68080 which both lines are below the weekly pivot point at 0.68350. The EMA of 10 is moving with bearish bias in the descendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is moving is oversold area, the MACD line is on the signal line in the neutral territory and the Stochastic is showing downward momentum. The ADX is showing weak sell signal. The price is below the Ichimoku Cloud and above the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing a downward trend.
The support line seems to be too strong to be broken therefore while considering pullbacks on the way, NZDUSD may grow towards 0.68000.