The New Zealand dollar drifted in range on the week of Christmas and made its way up. There are no events this week, but markets still move. Here is an analysis of fundamentals and an updated technical analysis for NZD/USD.
New Zealand trade balance came out a bit better than expected, and that gave some support to the kiwi. However, it enjoyed the weakness of the greenback to ride higher.
Read the rest of the article NZD/USD Forecast Dec. 28 – Jan. 1