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4 Aug 2014
NZD/USD steady above 0.8500
FXStreet (Córdoba) - The NZD/USD found support around the 0.8500 and rose to 0.8526 hitting a fresh daily high. During the last hours it has been steady, hovering around 0.8520/25, 10 pips above the price it had at the beginning of the day.
NZD/USD levels to consider
To the upside, immediate resistance lies at 0.8530/35 (August 1 highs) and above here at 0.8560 (July 28 high). On the opposite direction, immediate support could be located at the 0.8500 zone and below here at 0.8560 (July 30, August 1 low).
Tomorrow, after Wall Street closing New Zealand’s employment report from the 2Q will be released, better-than-expected data could trigger a rally while bad numbers could expose last week lows that lie at 0.8460.
NZD/USD levels to consider
To the upside, immediate resistance lies at 0.8530/35 (August 1 highs) and above here at 0.8560 (July 28 high). On the opposite direction, immediate support could be located at the 0.8500 zone and below here at 0.8560 (July 30, August 1 low).
Tomorrow, after Wall Street closing New Zealand’s employment report from the 2Q will be released, better-than-expected data could trigger a rally while bad numbers could expose last week lows that lie at 0.8460.