NZD/USD has found a near-term base - Nomura

Analysts at ANZ noted the developments in NZD/USD.

Key Quotes:

"Decent corporate and real money demand during Friday’s London session, which saw the NZD back over 69 cents, may suggest that the NZD has found a near-term base."

"But global themes continue to be in the driver’s seat, so that could all change in a heartbeat and we still maintain a downside bias overall."

"Support 0.6850 Resistance 0.6950."