The New Zealand Trade Balance for May has come in at 71M (vs. market expected at 427M).

Impact on the NZd/USD has been small – it was around 0.7782 prior to the release and dipped breifly below 0.7770, It is currently 0.7778/80 as I type.

Close support comes in 0.7755/65 and resistance 0.7795/05