By ForexMansion.com
The Kiwi dollar printed a hammer last week, signaling a bullish move. This played itself out this week, and now has the pair over the 0.75 mark. The daily chart did show us a shooting star, so we could see a small pullback at first, but this pair certainly looks like it is going up in the near-term. A break below 0.71 is what it would take for this pair to be a bearish trade. The bullish move should run all the way to 0.78 or even above.