ANZ with some quick comments on the NZ dollar. Firstly, they note support and resistance:

  • Support 0.7050
  • Resistance 0.7230

They say:

  • The bias is for upward moves to continue in the near-term

Citing:

  • risk appetites remaining solid,
  • market positioning short,
  • the domestic data calendar light
  • and the USD on the back foot