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Kiwi positively impacted by more stimulus unveiled by the RBNZ and ECB, extends gains for the second day on Friday.
- NZD/USD is trading just shy of the 0.67 handle and could see further upside.
- 10-DMA at 0.6697 is capping gains for now, break above could see gains upto 0.6725 and then 0.6750.
- On the downside the pair finds strong trendline support at 0.6635, weakness only on breaks below.
- RBNZ Governor Wheeler's speech and the Fed outcome due next week will provide fresh impetus to the pair.
Recommendation: Buy dips in the pair at 0.6680 levels, SL: 0.6635, TP: 0.6725/0.6755
