NZDUSD is under the influence of the trade war between the U.S. and China.
The support rests at 0.72520 with resistance at 0.73060 which both lines are above the weekly pivot point at 0.72190. The EMA of 10 is moving with bullish bias in the ascendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is moving in overbought area, the MACD line is above the signal line in the positive 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 an upward trend.
NZDUSD will rise towards 0.731 and it might form its correction pattern towards 0.72.

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