NZD/USD: The New Zealand dollar rallied, hovering towards a 3-week peak hit in the prior session on signs of progress in the protracted U.S.-China trade dispute. The Kiwi trades 0.1 percent up at 0.6894, having touched a high of 0.6903 on Tuesday, 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 0.6854 (5-DMA), a break below could drag it below 0.6809 (Feb. 15 Low).
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