4 Apr 2018
NZD/USD: rebounds on improved risk sentiment - ANZ
Analysts at ANZ explained that NZD rebounded with better risk sentiment overnight.
Key Quotes:
"Recent ranges have been respected and there are few local events to suggest a change today."
"The NZD continues to appear relatively resilient to attempts to move lower for now, dips under 0.72 are being well supported."
"If the Japanese and Caixin China PMIs follow the official measure from the weekend this would support risk sentiment and NZD during the Asian session today."
"Support 0.7180 Resistance 0.7300."