NZD/USD Forex Technical Analysis – Weekly Chart Strengthens Over .6621, Weakens Under .6597

The New Zealand Dollar closed higher last week after hitting its lowest level since the week-ending February 19, 2016. The rebound rally was strong enough to produce a closing price reversal bottom on the weekly chart.

For the week, the NZD/USD settled at .6601, up 0.0024 or +0.37%.

Due to the…