No need to rush into profit-taking with the USD bulls making some very steady gains, but it’s never any harm to book some interim profits on the way. Dealers report some modest demand for NZD/USD this morning and that is washing over into the AUD/USD and EUR/USD, which are edging higher alongside.
There is some modest resistance nearby in the NZD/USD at .7525 and initial support is at the overnight lows near .7460.
