At the time of writing, pair is trading around 0.7318 levels. Once again, the Kiwi is attempting a bullish break from 0.73-0.7350 range.
Multiple daily highs have been noted in the range of 0.73-0.7350 over the past week or so. Thus, clearing this area would open doors for a quick fire jump to 0.74-0.7430 levels.
On the lower side, a breach of Asian session low of 0.7290 would open doors for a corrective move lower to 0.72 handle.
Multiple daily highs have been noted in the range of 0.73-0.7350 over the past week or so. Thus, clearing this area would open doors for a quick fire jump to 0.74-0.7430 levels.
On the lower side, a breach of Asian session low of 0.7290 would open doors for a corrective move lower to 0.72 handle.
