- NZD/USD trades near 0.6780 during early Asian sessions on Friday.
- The quote failed to extend its recovery beyond March 20 lows and is presently declining towards an upward sloping trend-line stretched since January 22, at 0.6760 now.
- Given the prices slip under 0.6760, 0.6740 and 0.6715 can offer intermediate halts during a downturn to 0.6700 round-figure.
- Alternatively, the pair need to surpass 0.6825-30 horizontal-line connecting recent high and March 20 low in order to aim for 0.6870.
- Also, pair’s ability to sustain its strength past-0.6870 enables it to claim 0.6900 whereas 0.6920 and 0.6945/50 could challenge buyers afterward.
NZD/USD 4-Hour chart
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