NZD/USD: The New Zealand dollar steadied after rising to a near 3-week high in the previous session as signs of progress in the U.S.-China trade dispute were taken as a positive for the Chinese economy and commodity prices. The Kiwi trades flat at 0.6881, having touched a high of 0.6901 on Monday, its highest level Feb. 6. Investors’ will continue to track broad-based market sentiment, ahead of U.S. economic data. Immediate resistance is located at 0.6941 (Feb. 1 High), a break above could take it near 0.6969 (Dec. 4 High). On the downside, support is seen at 0.6853 (5-DMA), a break below could drag it below 0.6809 (Feb. 15 Low).
NZD/USD daily chart