The New Zealand Dollar also gained traction recently after it formed a decent support at 0.6430 against the US Dollar. The NZD/USD pair traded higher and broke the 0.6500 and 0.6600 resistance levels to enter a positive zone.

During the rise, the pair cleared many hurdles near the 0.6600 level and the 0.6650 pivot zone. Moreover, there was a break above a key bearish trend line with resistance at 0.6550 on the daily chart.