3 Jul 2013
NZD/USD unable to retest 0.7800
FXstreet.com (New York) - The NZD/USD foreign exchange rate was trading positively during Asian trading, unable to retest the 0.7800 barrier.
NZD/USD still positive
In these moments, the NZD/USD is currently settled at 0.7770, securing an advance of +0.21%. Technically speaking, the Mataf.net analyst team points to resistances at 0.7799, then 0.7851, and 0.7882. On the decline, the pair will face supports at 0.7716, ahead of 0.7685, and finally 0.7633.
NZD/USD should be contained in the 0.7700-90 region
According to the BNZ Research Team, “Looking ahead, today’s trading session is shaping up as a fairly quiet one for the NZD. Not only are US markets closed for the 4 July holiday, but investors are likely to stick to the side-lines ahead of tonight’s central bank meetings (ECB and Bank of England – no change in policy expected from either) and Friday’s US employment report. The now familiar 0.7700-0.7790 range should continue to contain the currency.”
NZD/USD still positive
In these moments, the NZD/USD is currently settled at 0.7770, securing an advance of +0.21%. Technically speaking, the Mataf.net analyst team points to resistances at 0.7799, then 0.7851, and 0.7882. On the decline, the pair will face supports at 0.7716, ahead of 0.7685, and finally 0.7633.
NZD/USD should be contained in the 0.7700-90 region
According to the BNZ Research Team, “Looking ahead, today’s trading session is shaping up as a fairly quiet one for the NZD. Not only are US markets closed for the 4 July holiday, but investors are likely to stick to the side-lines ahead of tonight’s central bank meetings (ECB and Bank of England – no change in policy expected from either) and Friday’s US employment report. The now familiar 0.7700-0.7790 range should continue to contain the currency.”