The NZD/USD pairing has been seen to move higher following a trendline break on the chart – making higher highs and higher lows. It has been one of the biggest beneficiaries of the USD weakness.
It is currently holding fort above the 0.67 level, and the next resistance is at 0.6741. A breakthrough past this level would lead to the next level of 0.6790 for the bulls. Dovish sentiments from the FOMC meeting could very well ignite strength for the NZD/USD to gain further traction upwards.
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