23 Mar 2015
NZD/USD: Has the March highs on 0.76 handle in sight
FXStreet (Guatemala) - NZD/USD is currently trading at 0.7558 with a high of 0.7600 and a low of 0.7548.
NZD/USD has built a base for itself with 0.7540/50 coming as support being the peak of 18th March rally while the end of last week's rally is keeping the pair looking better bid with room towards the 0.76 handle to meet March's highs.
While there is a lack of impetus for the pair on the calendar left today, we turn to the US shift for the existing home sales. These are expected to rise 1.8%m/m in Feb. We are also keeping an ear to the ground with Fedspeak. We will hear from from Mester, Williams and Fischer. Later in the week comes with US CPI's and GDP on Friday.
NZD/USD has built a base for itself with 0.7540/50 coming as support being the peak of 18th March rally while the end of last week's rally is keeping the pair looking better bid with room towards the 0.76 handle to meet March's highs.
While there is a lack of impetus for the pair on the calendar left today, we turn to the US shift for the existing home sales. These are expected to rise 1.8%m/m in Feb. We are also keeping an ear to the ground with Fedspeak. We will hear from from Mester, Williams and Fischer. Later in the week comes with US CPI's and GDP on Friday.