FXstreet.com (Barcelona) - New Zealand Dollar's decline from levels right below 0.7300 last week, has found support at 0.7050 and the pair bounced up to levels above 0.7100, reaching levels at 0.7140 session high at the moment of writing.

The Kiwi is approaching 0.7150 level, where, according to Liviu Flesar, technical analyst at InnerFX sellers could show up: While below .7150, weak rallies are likely to face solid selling interest. First intra-day barrier is formed at .7100 - followed by the stronger one into the .7150/80 region.

On the downside, Flesar points out to 0.7050 and 0.7000 support levels: On the downside, support starts at 0.7050, backed by 0.7000/15 and 0.6900.

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