By ForexMansion.com
The Kiwi dollar is seen as forming a basing pattern around the 0.73 handle as we have had several bullish days in a row recently. However, we simply must get above the 0.7450 mark with a close in order to get overly excited by it. The pair should at that point grind higher to the 0.78 mark, and possibly farther. A break below 0.71 would begin a new round of selling.