NZD/USD (a 4-hour chart)
Due to the lack of news from New Zealand, the pair traded under the influence of the statistics received from the United States. The New Zealand dollar showed a growth, the pair NZD / USD rose against the weakening of the USA dollar.
Buyers pushed the pair upwards on Tuesday. The pair broke the resistance 0.6950 and set a local high at 0.6978. The overall outlook remained bullish. The resistance comes at 0.7050, the support is at 0.6950.
MACD is in a positive area. The histogram is below the signal line. MACD kept growing. RSI reached the overbought level of 70.
If the pair manages a break below 0.6950 and stays there we would likely be selling the pair.
NZD/USD can decrease to 0.6850.