From the FXWW Chatroom – NZD has fielded buying interest this morning on the open, and while we have to throw caution to the lack of clarity around the trade truce, positivity in commodities and equities should provide a base. Support should step in around 6880-6900, ahead of the 200 day.ma and 7000-7050 area will be eyed by many. NZDAUD has eased from 94 cents and FIFX expects/hopes that this is the eye opener that will allow NZDAUD to trade lower toward fundamentals. 94 cents will be resistance and we suspect there will be no more attempts at 9450 trend resistance.
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