ANZ Business Confidence was released in New Zealand. NZDUSD is growing up since November.
The support rests at 0.69790 with resistance at 0.70690 which the weekly pivot point at 0.70510 is located between the lines. The EMA of 10 is moving horizontally in the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is moving on level 50, the MACD line is below the signal line in the negative territory and the Stochastic is moving in middle ranges. The ADX is showing weak sell 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 breakout will confirm the bullish trend towards 0.71000.

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