NZDUSD Technicals: NZDUSD is back testing a swing area after trading to new 4 - week highs

The NZDUSD extended to its highest level since October 30 earlier today, with the rally peaking at 0.5751. The move higher began after the Asian-session low held a key swing area between 0.5723 and 0.5731, which acted as a solid support base for buyers.In the US session, however, the pair has rotated lower and slipped back into that same swing area. This zone now becomes a decision point for traders.