NZDUSD
With Mr. Trump's speech providing noticeable strength to the US Dollar, NZDUSD broke 0.7130-25 horizontal-support and tested lowest level in six weeks; however, the pair refrained from meeting 61.8% FE level of its latest dip & pullback, around 0.7095, and is presently struggling near aforementioned line-support. Considering the latest strength of greenback, chances of the pair's break of 0.7125 and a consecutive rest to 61.8% FE level of 0.7095 are higher while 0.7070 & 0.7040 might offer following halts during the quote's extended southward trajectory. In case if prices continue declining below 0.7040, the 0.700 psychological mark and 0.6970 are likely supports to observe. Meanwhile, pair's sustain trading above 0.7130 could anytime trigger its fresh recovery towards 0.7170 & 0.7200 prior to challenging the 0.7235-40 resistance-zone. Given the pair manage to stretch its recovery beyond 0.7240, it becomes capable enough to target 0.7285 and 0.7325 resistance-levels.
EURNZD
Unlike NZDUSD, which broke its near-term support and is likely to decline further, EURNZD seems failing to justify its trend-line break and is running towards 1.4740 and 1.4700 support re-tests. Should the pair drops further below 1.4700, the 1.4650 and an upward slanting trend-line mark of 1.4595 may confine its following declines. However, the pair's inability to respect 1.4595 could fetch it to February lows of 1.4527 and then to 61.8% FE level of 1.4450. If at all the pair takes a U-turn from present levels, the 1.4800 round-figure may grab immediate attention of buyers before the 1.4855-60 horizontal-line comes into play, which if broken could give rise to possibilities of witnessing 1.4960-65 and the 1.5000 level on the chart
GBPNZD
GBPNZD's repeated failures to clear longer-term trend-line resistance, at 1.7405 now, indicates brighter chances of its quick pullback to 1.7300, 1.7240 and 1.7200 consecutive supports. Though, 1.7160-55 horizontal-line may provide a breathing space during the pair's additional downside below 1.7200, which if broken could give push to observe 1.7070 and the 1.7000 levels towards south. Alternatively, pair's capacity to surpass 1.7405 can become a trigger for its north-run towards 1.7470, breaking which 1.7570 and 1.7650 might get traders attention. Should prices successfully trade beyond 1.7650, the 1.7700 and the 1.7760 may please buyers.
NZDCHF
Even after bouncing-off from 0.7160-70 broad support-region, the NZDCHF isn't showing much strength and is likely to revisit the same zone anytime soon. Given the pair drops below 0.7160, the 0.7130 and the 0.7100 round figure are likely following supports to watch before expecting 0.7065 & 0.7050 to appear on the chart. On the upside, 0.7220 offers immediate resistance to the pair, breaking which 0.7250 and the 0.7275 descending trend-line might restrict its additional advances. In case if the quote clears 0.7275 TL, chances of its rally towards 0.7300 and then to 0.7320 can't be denied.
Cheers and Safe Trading,
Anil Panchal