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NZD/USD last prints +$0.007 at $0.6676,........>

KIWI
KIWI: NZD/USD last prints +$0.007 at $0.6676, extending on Thursday's gains
which were aided by a bullish session for U.S. equities, crude oil & gold
prices. Bulls forced a break above the 61.8% retracement of the move from the
YtD high to low, at $0.6660 on Thursday, which now forms initial support. Bulls
now look to $0.6700, with any break above set to move focus to the July 1 high
at $0.6730. For those of you that track golden cross formations, NZD/USD has
seen a golden cross form in recent sessions with the 21-DMA crossing above the
200-DMA.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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