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Kiwi Dollar Could be Ready for Another Rally, Dairy Prices Vital

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 18, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    The next few days could be interesting for the Kiwi Dollar as GDT price index results loom nearer. The indicator remains one of the most influential for the small dairy producing nation’s currency and its outcome could give another boost to the bullish pair. As a result, the market will be watching the index release closely as the additional momentum could see the pair finally break through resistance at 0.6925. Looking at the week that’s been, the NZDUSD closed the up at 0.6905 despite a

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