The New Zealand dollar against the US dollar in the past2Significant increase achieved within trading days

Huitong Network1month13Daily News - Friday（1month13In the Asian session, bearish positions in the New Zealand dollar against the US dollar strengthened at one point, with the largest intraday decline exceeding0.4%Lowest probing target to0.7087。

Due to the weakening expectations of US President elect Trump's fiscal stimulus for a new policy, the New Zealand dollar against the US dollar in the past2Achieved a significant increase within trading days, with a cumulative increase exceeding2.6%。

However, analysts from Western Pacific Bank believe that the strength of the New Zealand dollar is difficult to sustain in the long term, and bulls may be12month14Daily high point0.7240Stop nearby.

The institution also believes that the Federal Reserve's tightening of monetary policy may lead to the exchange of the New Zealand dollar against the US dollar in the future1-3Push down to within months0.68。
The New York dollar bulls have recently launched more than2.6%But at the neck line position0.7240Near or Stopped

technical analysis

High gear pressure is located at0.7117(intraday high)0.7147(Yesterday's high) and0.72(integer digits). Low level support is seen in0.7083（200Daily moving average)0.7046(Yesterday's low point) and0.7055（5Daily moving average).
Federal Reservehttp://news.fx678.com/news/keywords/fed.shtml