NZD/USD Outlook (26 May 2020)
Overall, NZD/USD is ranging across. Recently, NZD/USD moved higher into the resistance level of 0.61200.
The Reserve Bank of New Zealand (RBNZ) will be releasing the financial stability report tomorrow at 0500 (SGT).
A media conference will be held following the release of the report at 0700 (SGT).
Currently, NZD/USD is testing the resistance level of 0.61200 and the next support level is at 0.59400.
Look for buying opportunities of NZD/USD if it breaks the resistance level of 0.61200.
The Reserve Bank of New Zealand (RBNZ) will be releasing the financial stability report tomorrow at 0500 (SGT).
A media conference will be held following the release of the report at 0700 (SGT).
Currently, NZD/USD is testing the resistance level of 0.61200 and the next support level is at 0.59400.
Look for buying opportunities of NZD/USD if it breaks the resistance level of 0.61200.
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