The Kiwi has been very busy in recent weeks and it’s again the first mover this morning, making new multi-decade highs at .8330 against the USD and also making gains against the AUD, breaking below short-term AUD/NZD support at 1.2900.
There is important technical support in the cross at 1.2800 but of course we are looking at blue skies in the NZD/USD and reliant on technical projections to find some resistance levels; trend channel resistance around .8400 is the next level to watch.