• The New Zealand dollar rose, extending previous session rebound after the United States and China signed an initial deal to defuse their 18-month trade war.
   
• On Wednesday, the United States and China signed a Phase 1 deal that will roll back some tariffs and boost Chinese purchases of U.S. products.
   
• The Kiwi was trading 0.3 percent up at 0.6633, having hit a low 0.6583 in the previous session, its lowest since December 19. 
   
• The major bounced from support at 0.6586, and now faces major resistance at 0.6658.
   
• Technical indicators are biased higher: RSI strong at 55.17 and Stochs have rolled over from oversold levels.
   
• Immediate resistance is located at 0.6658, a break above could take it near 0.6680. 
   
• On the downside, support is seen at 0.6600, a break below could drag it till 0.6549 (55-EMA).