NZD/USD: bias is for upward moves - ANZ

Analysts at ANZ explained that after a solid couple of weeks, the kiwi is knocking on the door of 72 cents again. 

Key Quotes:

"With risk appetites remaining solid, market positioning short, the domestic data calendar light and the USD on the back foot, the bias is for upward moves to continue in the near-term."

"Support 0.7050 Resistance 0.7230."