NZD/USD: eyes on US and China this week- ANZ

Analysts at ANZ explained that risk sentiment deteriorated to close Friday with trade wars flaring up and Powell failing to acknowledge market volatility. 

Key Quotes:

"Weekend interviews and tweets did not suggest any back-down is imminent.

Data this week is light, so expect headlines from the US and China to drive price action."

"Peak liquidity and slowing global growth momentum suggest we prefer to sell spikes."

"Support 0.7180 Resistance 0.7450."