- Support: 0.7686
- Resistance: 0.7846
- Bullish trend is expected to survive as long as 0.8333 remains intact and rate speculation favors another RBNZ rate hike.
- Should momentum not build into the kiwi?s break into its new highs, market forces may turn and traders could work in an easily won retracement.
[I]NZDUSD(Daily Chart)[/I]
[I]
Source: Bloomberg[/I]
SeeDaily Technicalsfor more details: