NZDUSD trading in bullish bias but it could turn to bearish soon at H1 chart

The pair found strong resistance around the zone of 0.7708 and now it’s trading below the daily pivot point level of 0.7674.

Currently, NZDUSD is trying to reach the support level of 0.7626 in the short term and if breaks it, we could expect a fall until the 200 SMA, which is located around the 0.7592 level.

In the other outlook, we could see future bullish continuation if Kiwi does a consolidation above the resistance zone of 0.7756. MACD indicator is at negative territory.

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