The tensions of the US and China trade war is putting NZD under pressure.
The support rests at 0.72670 with resistance at 0.73190 which both lines are above the weekly pivot point at 0.72400. The EMA of 10 is moving with bullish bias in the ascendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is moving in overbought area, the MACD line is above the signal line in the positive territory and the Stochastic is moving in high ranges. The ADX is showing buy signal. The price is above the Ichimoku Cloud and the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing a horizontal trend.
The resistance level is too strong to be broken, therefore sellers can target 0.72.