NZD/USD refreshes intraday high around 0.6165 as it reverses losses made in the last two days amid early Friday in Auckland. In doing so, the Kiwi pair bounces off a short-term key support confluence comprising the 21-Exponential Moving Average (EMA), as well as an upward-sloping support line from early March. The latest rebound of the Antipodeans can be considered as the positioning for the US employment report for June, including the Nonfarm Payrolls (NFP). That said, the bullish MACD signals also underpin the pair’s recovery. However, a seven-week-old symmetrical triangle, currently between 0.6210 and 0.6065, ... (full story)