The US interest rates put NZDUSD under pressure.
The support rests at 0.69980 with resistance at 0.70400 which the weekly pivot point at 0.70300 is located in between the lines. The EMA of 10 is moving horizontally in the descendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is rising towards the 50 level, the MACD line is above the signal line in the positive territory and the Stochastic is showing upward momentum. The ADX is not showing any clear signals. The price is in the Ichimoku Cloud and above the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing a horizontal trend.
Short positions are recommended towards 0.68.

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