NZD/USD: The New Zealand dollar surged to an 11-day high amid signs of improvement in the Chinese economy, adding to growing optimism that Washington and Beijing are nearing a trade deal. The Kiwi trades 0.1 percent up at 0.6769, having touched a high of 0.6782, its highest level Apr. 4. Investors’ will continue to track broad-based market sentiment, ahead of U.S. economic data. Immediate resistance is located at 0.6799 (Apr. 4 High), a break above could take it near 0.6827 (Mar. 5 High). On the downside, support is seen at 0.6706 (Jan. 22 Low), a break below could drag it below 0.6668 (Jan. 4 Low).
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