The pair has edged lower from session highs at 0.7242. Weakness in the Aussie after poor employment data is weighing on the NZ dollar.
Intraday bias has turned slightly after a break above 5-DMA at 0.7191 on Wednesday's trade.
Price action now finds next major resistance at 20-DMA at 0.7249, break above will see further upside.
Technical indicators are slightly . Stochs have shown a rollover from oversold zone and is flatlined but above 50.
Support levels - 0.7199 (5-DMA), 0.7179 (38.2% Fib retrace of 0.6862 to 0.7375 rise), 0.7133 ( 100-DMA )
Resistance levels - 0.7249 ( 20-DMA ), 0.7254 (23.6% Fib retrace of 0.6862 to 0.7375 rise), 0.7265 (Feb 9th high)
Good to go long on dips around 0.7220, SL: 0.7175, TP: 0.7250/ 0.7265/ 0.73