NZD/USD: The New Zealand dollar slumped to an over 1-week low after Reserve Bank of New Zealand proposed capital ratio increase to 16 percent for top banks. The Kiwi trades 0.3 percent down at 0.6780, having touched a low of 0.6757, its lowest level Feb. 13.. Investors’ will continue to track broad-based market sentiment, ahead of U.S. economic data. Immediate resistance is located at 0.6850 (5-DMA), a break above could take it near 0.6911 (Dec. 11 High). On the downside, support is seen at 0.6744 (Feb. 7 Low), a break below could drag it below 0.6719 (Feb. 12 Low).
NZD/USD daily chart