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NZD/USD suffers from risk aversion

Note: This section contains information in English only.
Source: Dukascopy Bank SA
"With Fed hikes looking more imminent, the case for further rate cuts by the RBNZ and other central banks worried about local currency strength looks more tenuous in the current environment." 
- ANZ Bank New Zealand (based on The New Zealand Herald) 

Pair's Outlook 
[ANNOUNCE]The New Zealand Dollar's performance yesterday was identical to the Aussie's, as only a small loss took place.[/ANNOUNCE] Nonetheless, technical studies retain their bearish signals, indicating that the target area, namely the 100-day SMA, could be reached today. The given SMA is also reinforced by the weekly S1, making the support area around 0.6715 even harder to pierce. The risk-off sentiment is also playing its role, weakening the Antipodean currencies, such as the Kiwi, therefore, driving the given pair lower. A breach of the immediate support cluster is also likely to eventually lead the NZD/USD towards the four-month up-trend, where price is expected to rebound. 

Traders' Sentiment 
Bulls keep losing numbers, as only 51% of all open positions are now long, compared to 53% on Monday.
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