There are no major economic reports in New Zealand and the US will release Durable Goods Orders m/m and Durable Goods Orders Ex Transp MoM.
The support rests at 0.65810 with resistance at 0.66160 which both lines are below the weekly pivot point at 0.67130. The EMA of 10 is moving with bearish bias in the descendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is moving is oversold area, the MACD line is below the signal line in the negative territory and the Stochastic is moving in low ranges. The ADX is showing sell signal. The price is below the Ichimoku Cloud and the Chinkou Span. The Tenkan-sen is showing a downward trend while the Kijun-sen is showing a horizontal trend.
The support level breakthrough may push the price down towards 0.65500; otherwise, NZDUSD will grow towards 0.66500.
