NZD has been empowered by the GDT Price Index.
The support rests at 0.72700 with resistance at 0.73130 which the weekly pivot point at 0.72790 is located in between the lines. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is rising towards the overbought area, the MACD line is below the signal line in the negative territory and the Stochastic is showing upward momentum. 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.
NZDUSD will continue its bullish trend targeting 0.735.

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