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NZD/USD inching higher as USD gains wane

  • NZD moving upwards with AUD setting pair around +0.50% so far

  • The momentum took rate through hourly resistance at 0.7444 to 0.7451 top

  • Lock-step profits with AUD keeping cross anchored at base 1.0298/1.0328 range

  • NZD gains vs JPY more seen close to 0.6% as Tokyo bids renew

  • Increased trading activity along with with Welly wind-down into week

  • Leaving NZD boosted 0.7403 14-DMA / 0.7463 23.6% Fib retrace of Mar rally 

 

  • Market Data
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