NZD/USD Technical Analysis: 0.6845 resistance again comes into play

• The NZD/USD pair again heads to two-week-old trend-line resistance, at 0.6845 now, during early Thursday.
• Should the pair manage to cross 0.6845, the horizontal line connecting late-January highs to early February lows, at 0.6870, may gain buyers’ attention.
• During the additional upside past-0.6870, 0.6900 and the month’s high near 0.6945 can be targeted if holding long positions.
• In case prices fail to hold recent recovery, 0.6785 and 0.6770 can provide nearby supports ahead of highlighting the 61.8% Fibonacci Retracement level of 0.6720 and the 0.6705 horizontal support.
• If bears continue dominating price sentiments past-0.6705, 0.6670 and 0.6650 might offer intermediate halts during the plunge to 0.6620 and then to 0.6585.

NZD/USD 4-Hour chart