NZD/USD Outlook (17 May 2021)

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NZD/USD Outlook (17 May 2021)

ByJin Dao Tai

 MAY 17, 2021

NZD/USD Outlook (17 May 2021)

Overall, NZD/USD is ranging across. Recently, NZD/USD trended upwards and broke above the key level of 0.72 after the release of the poor U.S. retail sales data.

NZD/USD’s next support zone is at 0.71000 and the next resistance zone is at 0.72850.

Look for short-term buying opportunities of NZD/USD.

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