The NZD/USD got a boost when the NZIER Business Confidence indicator printed better than expected, at -11 percent versus the previous -12 percent decline, but the real market drive came when China's President, Xi Jinping, delivered surprisingly on-balance statements regarding the latest round in the tit-for-tat tariff spat embroiling China and the US currently.
NZD/USD Levels to watch
With a bullish continuation from Monday's lift taking shape, the Kiwi is set to challenge immediate resistance at March's high at 0.7355, with further resistance from February's high near 0.7435, while a bearish correction from here will be free to sink to the bottom of the Kiwi's 0218 range near the 0.7200 handle, with mid-March's swing low at 0.7150 providing further support. source fxstreet
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