Singapore

2020-08-31 17:54

Market analysisNZD/USD Outlook (31 August 2020)
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Market analysis:
Overall, NZD/USD is ranging across. Recently, NZD/USD broke above the key level of 0.67. The New Zealand ANZ Business Confidence data (Actual: -41.8, Forecast: NA, Previous: -42.2) released earlier today indicated continued pessimism of economic outlook from the surveyed businesses. NZD/USD’s next support zone is at 0.66700 and the next resistance zone is at 0.69000. Look for buying opportunities of NZD/USD.
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NZD/USD Outlook (31 August 2020)
Singapore | 2020-08-31 17:54
Overall, NZD/USD is ranging across. Recently, NZD/USD broke above the key level of 0.67. The New Zealand ANZ Business Confidence data (Actual: -41.8, Forecast: NA, Previous: -42.2) released earlier today indicated continued pessimism of economic outlook from the surveyed businesses. NZD/USD’s next support zone is at 0.66700 and the next resistance zone is at 0.69000. Look for buying opportunities of NZD/USD.

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