Strong US economic data can no longer support the , which is more responsive to the dynamics of US government bonds. It is worth waiting for its further fall.

In case of further growth in , the targets will be the resistance levels 0.7240, 0.7550.

In an alternative scenario, NZD/USD will resume its decline. The first signal to open short positions with a target at support level 0.7000 will be a breakdown of short-term support level 0.7145.

Trading recommendations

Sell ​​Stop 0.7135. Stop-Loss 0.7185. Take-Profit 0.7100, 0.7083, 0.7000, 0.6970, 0.6935, 0.6865, 0.6800
Buy Stop 0.7185. Stop-Loss 0.7135. Take-Profit 0.7200, 0.7240, 0.7269, 0.7315, 0.7380, 0.7430, 0.7550
 

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