The New Zealand dollar had a mixed week as the first quarter came to an end. It eventually managed to end the week higher against the USD and is nearing parity against the Aussie. Here is an analysis of fundamentals and an updated technical analysis for NZD/USD.
The price of milk fell for a second consecutive auction, but that was not a big issue after a sequence of gains. ANZ business confidence was on the rise. In the US, a week that began with some small beats ended with a big disappointment in the NFP, and to eventual losses for the greenback.
Read the rest of the article NZD/USD Forecast Apr. 6-10