NZD/USD Registers Fresh Yearly HighNew Zealand Dollar / U.S. DollarFOREXCOM:NZDUSDFOREXcomNZD/USD breaks out of the range bound price action from earlier this week to register a fresh yearly high (0.6080). Still need a close above 0.6070 (61.8% Fibonacci extension) to open up 0.6170 (50% Fibonacci extension), with the next area of interest coming in around 0.6230 (50% Fibonacci extension) to 0.6260 (38.2% Fibonacci extension). At the same time, lack of momentum to close above 0.6070 (61.8% Fibonacci extension) may push NZD/USD back toward the weekly low (0.5961), with a break/close below the 0.5920 (61.8% Fibonacci extension) to 0.5930 (78.6% Fibonacci extension) region bringing the May low (0.5847) on the radar. --- Written by David Song, Senior Strategist at FOREX.com