NZD is acting stronger against its American counterpart and it is climbing the ascendant channel.
The support rests in 0.72190 with resistance at 0.72610 which both lines are above the weekly pivot point at 0.71550. The EMA of 10 is moving with bullish bias and it is located above the EMA of 100 and the EMA of 200. The RSI is moving above the 50 level, the MACD indicator is in positive territory and the Stochastic is showing downward momentum. The ADX is not showing any clear signals.
The resistance level break out will smooth the way for further growth targeting 0.73 area otherwise, the pair will fall towards 0.7100.

nzdusd analysis