ANZ Roy Morgan Consumer Confidence has been released in New Zealand and the US will publish Personal Spending and Income data.
The support rests at 0.64900 with resistance at 0.65440 which the weekly pivot point at 0.65300 is located in between the lines. 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 rising towards 50 level, the MACD line is below the signal line in the negative territory and the Stochastic is moving in middle ranges. The ADX is not showing any clear signals. The price is in the Ichimoku Cloud and above the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing a horizontal trend.
The resistance level breakout will push the price up towards 0.65700; otherwise, NZDUSD will continue its bearish trend towards 0.64000.
