New Zealand has released Business Inflation Expectations and the US will publish EIA Crude Oil Stocks Change and EIA Gasoline Stocks Change.
The support rests at 0.67120 with resistance at 0.67750 which the weekly pivot point at 0.67680 is located in between the lines. The EMA of 10 is moving with bullish bias in the descendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is moving on the 50 level, the MACD line is above the signal line in the positive territory and the Stochastic is moving in middle ranges. The ADX is not showing any clear signals. The price is below the Ichimoku Cloud and the Chinkou Span. The Tenkan-sen is showing an upward trend while the Kijun-sen is showing a horizontal trend.
The resistance level breakout will push the price up towards 0.68 otherwise the pair will decline towards the support line at 0.67.
nzdusd