NZD/USD hit fresh highs before FOMC

FXStreet (Córdoba) - The NZD/USD rose further after Wall Street opening and climbed to 0.8688, hitting the strongest level in two days. The pair holds near the highs ahead of the FOMC statement, to be released in a few minutes.

The Kiwi is among the best performers on Wednesday and is rising across the board.

NZD/USD approaches 0.8700

During the last days the pair has been trading in a range below 0.8700. The mentioned level is an important resistance that capped the rally from 0.8410. If it breaks above 0.8700 it would be trading at 6-week highs.