NZD/USD: hard to deduce a catalyst for Kiwi’s latest move - ANZ

Analysts at ANZ noted the recent factors relating to NZD/USD.

Key Quotes:

"Other than a market that still appears to be short, it is hard to deduce a catalyst for the kiwi’s latest move. But it came storming back overnight, and the bias remains for further tests higher as it displays ‘beach ball under water’ properties. Support 0.7140 Resistance 0.7340."