NZD/USD: The New Zealand dollar surged, hovering towards a 3-1/2 month high hit in the previous session, as investors’ focus remains on China as Beijing and Washington seek to end a protracted trade war. The major trades 0.2 percent up at 0.6773, having touched a high of 0.6790 on Friday, 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 0.6823 (Mar. 29 High), a break above could take it near 0.6858 (Mar. 15 High). On the downside, support is seen at 0.6723 (July 18 Low), a break below could drag it below 0.6664 (July 1 Low).
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