2020-08-04 17:53
Market analysisNZD/USD Outlook (04 August 2020)
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Market analysis：
Overall, NZD/USD is trending upwards. Recently, NZD/USD bounced off the support zone of 0.65800.
The New Zealand employment data will be released tomorrow morning at 0645 (SGT).
-Employment Change q/q (Forecast: -2.0%, Previous: 0.7%)
-Unemployment Rate (Forecast: 5.5%, Previous: 4.2%)
Currently, NZD/USD is testing to break below the key level of 0.66. The next support zone is at 0.65800 and the next resistance zone is at 0.67200.
Look for short-term selling opportunities of NZD/USD up until the release of the New Zealand employment data tomorrow at 0645 (SGT).
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NZD/USD Outlook (04 August 2020)
Singapore | 2020-08-04 17:53Overall, NZD/USD is trending upwards. Recently, NZD/USD bounced off the support zone of 0.65800.
The New Zealand employment data will be released tomorrow morning at 0645 (SGT).
-Employment Change q/q (Forecast: -2.0%, Previous: 0.7%)
-Unemployment Rate (Forecast: 5.5%, Previous: 4.2%)
Currently, NZD/USD is testing to break below the key level of 0.66. The next support zone is at 0.65800 and the next resistance zone is at 0.67200.
Look for short-term selling opportunities of NZD/USD up until the release of the New Zealand employment data tomorrow at 0645 (SGT).
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