Forex Flash: NZD/USD argues for a thrust towards 0.8843 - ANZ

FXstreet.com (Barcelona) - After the formation of a bullish triangle, NZDUSD broke higher on Tuesday, and according to ANZ strategist Imre Speizer, "now argues for a thrust towards the 0.8843 record high during the year ahead."

Mr. Speizer adds: "The next major target above is 0.8470, likely to be reached during the week ahead. This technical outlook is consistent with our fundamental outlooks - China's recovery, NZ's growth acceleration, and relative stability in the US and EZ."