The NZDUSD is a big mover today as "risk on" sentiment helps. So does the technicals. - ConsultFX

The NZDUSD is a big mover today as "risk on" sentiment helps. So does the technicals.

Based near support early in the day and trended higher The NZDUSD took out the April high's yesterday, but only by a few pips.  The  correction into the close (and into the today) came down to key swing level at 0.7301-05. I wrote about that exact area in a  and outlined the importance for the next move