NZDUSD, HOURLY

SHORT TERM TECHNICAL ANALYSIS

The price is now being held by a 21 Simple Moving Average support zone. A close below green trendline marked X can lead price into support zone around 0.71338 marked by horizontal line A. Close below A can land price into 0.71067 support zone marked B and close below B can lead price into larger support zone around 0.70634 marked C. Close above Y disqualifies the setup.