Forex News NZD/USD may struggle to push higher over next few days, particularly ahead of Thursday's RBNZ meet, says Jim Vrondas, manager corporate dealing at OzForex; "Anywhere up toward 77 or 77.50 (US) cents is going to be difficult for the Kiwi. Leading into that (RBNZ) announcement it will struggle to rally, and probably won't gain any big ground." Adds, any indication of sustained USD gains will also weigh heavily on pair. If RBNZ cuts, expects Kiwi to fall quickly toward 0.7500 and continue heading lower though no-change decision to prompt rally as investors likely to be short ahead of Thursday. Pair last 0.7627 vs 0.7617 early, 0.7721 late yesterday in NZ.
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