The currency pair NZD / USD New Zealand dollar / US dollar started the week with a correction to the level of 0.7200, and then update the maximum price for the last 5 months, testing the resistance at around 0.7350. The next target for the growth of NZD / USD - 0.7400.
The New Zealander won the support due to better-than-expected Chinese trade data. The US dollar weakened after the speech of the Fed in the US Congress, which traders considered not "hawk."
On H4 the pair NZD / USD is testing the resistance line of 0.7350, adjusted to today's trading to 0.7300. We expect the development trend upwards, but in front of the bulls on the NZD / USD is strong resistance zone
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