NZD/USD Bearish on charts

The primary trend of NZD/USD is bearish on charts but from past few trading sessions prices are not sustaining at lower levels & consolidating below its falling trend line. In its hourly chart, prices are consolidating with strong positive bias to give break out at upside. It is also taking support of 30 DMA and if it breaks its resistance level, it can come up to test its 200 DMA. If the pair breaks the resistance level of 0.7480 at upside then we can expect it to test the level of 0.7535/0.7565.

INDICATORS:-

RSI is sustaining in buying territory supporting the upcoming bullish trend in the pair.

STRATEGY:- NZD/USD has bounced back from the lower level & looking bullish on charts for next few session. One can go for buy on dips strategy for this pair for intra day to mid term positions. 

	S3	S2	S1	PIVOT	R1	R2	R3
EUR/USD	1.0637	1.0677	1.0721	1.0761	1.0805	1.0845	1.0889
GBP/USD	1.4613	1.4675	1.4749	1.4811	1.4885	1.4947	1.5021
USD/JPY	118.40	118.90	119.34	119.84	120.28	120.78	121.22
USD/CHF	0.9517	0.9578	0.9623	0.9684	0.9729	0.9790	0.9835
AUD/USD	0.7479	0.7529	0.7565	0.7615	0.7651	0.7701	0.7737
EUR/GBP	0.7154	0.7191	0.7226	0.7263	0.7298	0.7335	0.7370
USD/CAD	1.2420	1.2496	1.2559	1.2635	1.2698	1.2774	1.2837
NZD/USD	0.7292	0.7341	0.7396	0.7445	0.7500	0.7549	0.7604