NZD/USD hopeful heart but grappling at the near-term low-end

• The Kiwi is struggling to maintain itself after failing to capture 0.6900 in the last upmove.

NZD/USD continues to trade near 0.6850 after Monday saw the Asia-Pacific sector take a step lower against the Greenback.

The Kiwi is trading into the softer side of recent action, in play near 0.6840 despite remaining firmly entrenched witthin Monday’s’s high/low range.

All’s quiet on the New Zeland front with little of note on the economic calendar, though the latest results of the Global Dairy Auction, due at some point today, could see Kiwi bidders return to the fold if numbers climb again.

Overall the NZD/USD appears to be in a firmly supported bullish, lifting ever since reversing the pair’s directional bias from October’s bottom of 0.64500.

NZD/USD Technical Levels