NZD/USD holding at the top near 0.7350 ahead of RBNZ's McDermott

• The Kiwi is running into old resistance at previous month's swing highs after the week turned bullish at the start.
• Broader markets are looking hesitant as the Syria crisis begins to drag outside observers into the fray.

The Kiwi is holding tightly to the 0.7355 level after middling through Wednesday's action.

The NZD/USD struggled to pick a direction in Wednesday's trading, as the week's risk-hungry start is caving to fresh hazards regarding instability in the Middle East. 

It's going to be a quiet day for the Kiwi and the only entries on the economic calendar are low-tier Electronic Card Retail Sales figures at 22:45 GMT, and a speech from the Reserve Bank of New Zealand's Assistant Governor John McDermott at 23:00 GMT.

Month-on-month Electronic Card Sales numbers are expected to come in at 0.5 percent, an increase from the previous month's -0.3 percent contraction, and McDermott is largely expected to bring talking points about the RBNZ's updated dual mandate which sees the central bank targeting stability and growth in employment along with inflation. 

Further reading: RBNZ’s John McDermott to speak - ANZ

NZD/USD Levels to watch

As FXStreet's own Flavio Tosti noted earlier, "the NZD/USD broke above 0.7355 swing high made on March 13. The market is currently consolidating close to the highs made earlier in Asia at 0.7377. Support lies at 0.7346 and at 0.7323 swing high."