NZDUSD (0.7342): The new Zealand dollar has stalled near the top end of the rally with price settling above 0.7333. As long as this support holds, NZDUSD could be seen attempting to post further gains above the previous highs at 0.7407. The downside risks could start to build in the event that NZDUSD breaks down below 0.7333. This would mark a potential correction towards the next main support at 0.7160.
: The new Zealand dollar has stalled near the top end of the rally with price settling above 0.7333. As long as this support holds, NZDUSD could be seen attempting to post further gains above the previous highs at 0.7407. The downside risks could start to build in the event that NZDUSD breaks down below 0.7333. This would mark a potential correction towards the next main support at 0.7160.){kind=link}