Prices are currently above 0.7000 levels
NZDUSD rose 0.94% on the day, down just 1.06% from AUDUSD, the biggest mover against the USD today.
The transition to the upswing has taken 0.6980 from Wednesday’s trade above the highest price in the region and 0.6993 above the swing area.
The pair has moved above the natural support at the 0.7000 level and is approaching the next upturned target area between 0.7017 and 0.70289. There will be a break above the area and traders will start looking at the swing heights from August 16th, August 11th, August 6th and the peak of August 4th 0.7088.