NZD/USD Technical Analysis: Sellers focus on 9-week old ascending trendline

• NZD/USD trades near 0.6780 during early Asian sessions on Friday.
• The quote failed to extend its recovery beyond March 20 lows and is presently declining towards an upward sloping trend-line stretched since January 22, at 0.6760 now.
• Given the prices slip under 0.6760, 0.6740 and 0.6715 can offer intermediate halts during a downturn to 0.6700 round-figure.
• Alternatively, the pair need to surpass 0.6825-30 horizontal-line connecting recent high and March 20 low in order to aim for 0.6870.
• Also, pair’s ability to sustain its strength past-0.6870 enables it to claim 0.6900 whereas 0.6920 and 0.6945/50 could challenge buyers afterward.

NZD/USD 4-Hour chart