NZD/USD Outlook (06 August 2020)
Overall, NZD/USD is ranging across.
The New Zealand Inflation Expectation q/q data (Actual: 1.43%, Forecast: NA, Previous: 1.24%) released earlier today indicated an upward revision of inflation expectation by the Reserve Bank of New Zealand.
NZD/USD’s next support zone is at 0.65800 and the next resistance zone is at 0.67000.
Look for buying opportunities of NZD/USD.
The New Zealand Inflation Expectation q/q data (Actual: 1.43%, Forecast: NA, Previous: 1.24%) released earlier today indicated an upward revision of inflation expectation by the Reserve Bank of New Zealand.
NZD/USD’s next support zone is at 0.65800 and the next resistance zone is at 0.67000.
Look for buying opportunities of NZD/USD.