The pair is down on the day at fresh five-week lows, currently trading at 0.6654 in the Asian session, battered for a third day today.
The pressure on the Kiwi mounting as weak Chinese data and drop in the dairy prices continue to dampen the sentiment.
Technicals point south: 5&10-DMAs show crossover, break and close below strong support at 0.6720, line crosses below signal line, is at 43 and points south, Stochs sharply lower.
Also, on the weekly charts, Stochs have rolled-over from overbought zone with a crossover and has dipped below 50 levels after brief spike above and points south.
Good to sell rallies around 0.6660, SL: 0.67, TP: 0.6610/0.66/0.6580
R1: 0.6708 (Session high Jan 6)
R2: 0.6720 ( base)
R3: 0.6754 (5-DMA)
S1: 0.6632 (session lows Jan 6)
S2: 0.6611 (Dec 7 lows)
S3: 0.6682 (cloud top)