• NZD/USD bulls stepping in to take on daily resistance. 
• Risk-on sentiment prevailed into the closing bell on Wall Street. 

NZD/USD is holding in positive territory on Thursday with the bulls in charge in the main as we move over to the early Asian session in holiday thin markets. At the time of writing, NZD/USD is trading at 0.6828 and up 0.32% on the day following a rally from 0.6795 and reaching a high of 0.6842. 

Risk sentiment has been on solid footing in the remaining days before Christmas, sending the greenback lower and away from the 97 figure, (as per DXY index), territory that was last seen mid-December when the index reached 96.90. The DXY is an index that measures the US dollar vs 6 major currencies. The kiwi is not one of them, but it tends to track the Aussie which has been performing well this week so far.

The US dollar, as measured by the DXY index, is losing ground as the day progresses into late trade in North America. The index made a low of 95.99 from a high of 96.277 within the sideways channel/daily wedge formation: