Trade Balance was released in New Zealand and the US will publish GDP, GDP Price Index, Goods Trade Balance and Unemployment Claims.
The support rests at 0.70720 with resistance at 0.71510 which the weekly pivot point at 0.71680 is located above the lines. The EMA of 10 is moving with bearish bias in the descendant channel and it is above the EMA of 200 and below the EMA of 100. The RSI is moving in 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 and the Kijun-sen are both showing a downward trend.
NZDUSD is trying to find some consolidation above the support line and start fluctuating.