The NZD/USD has been acting very technically, with very interesting price action around its 200 day EMA (blue line) around the 0.6790 level. The pair peaks at the 0.6969 level as shown on the daily chart and bounces to the downside, towards the 200 day EMA, which may act as support. Even if the price breaks below the 200 day EMA, the 55 day EMA at the 0.6764 level could also act as support. Below the 55 day EMA, the pair has the road clear to fall to the 0.6500 zone. On the other hand, if the price bounces to the upside from the 200 day EMA, then the 0.6969 level could act as resistance and above that level, its next resistance could be the 200 week EMA at the 0.7107 level.