Overall, NZD/USD is trending downwards. Recently, NZD/USD bounced off the resistance zone of 0.67100 after the release of the strong U.S. inflation data.
The New Zealand Inflation Expectations q/q data (Forecast: NA, Previous: 2.96%) will be released later at 1000 (GMT+8).
NZD/USD’s next support zone is at 0.65400 and the next resistance zone is at 0.67100.
Look for short-term selling opportunities of NZD/USD.
The New Zealand Inflation Expectations q/q data (Forecast: NA, Previous: 2.96%) will be released later at 1000 (GMT+8).
NZD/USD’s next support zone is at 0.65400 and the next resistance zone is at 0.67100.
Look for short-term selling opportunities of NZD/USD.