BNZ - "NZD/USD Outlook: Consolidation
ST Resistance: 0.8357 (ahead of 0.8430)
ST Support:
0.8180 (ahead of 200.d.m.a at 0.8050)
Momentum and technical indicators remain positive on balance, but a daily close above 0.8357 is needed to keep the uptrend alive.
NZD/AUD Outlook: Buy a dip
ST Resistance: 0.8035 (ahead of 0.8075)
ST Support:
0.7960 (ahead of 0.7875)
Resistance layered between 0.8000 and 0.8100 should contain the cross in the short-term. The uptrend remains intact but the daily RSI is now into “overbought” territory."