ByJin Dao Tai
JUN 4, 2021
Overall, NZD/USD is ranging across. Recently, NZD/USD broke below the key level of 0.72.
New Zealand banks will be closed next Monday in observance of the Queen’s Birthday. Expect lower trading volatility and volume during the usual New Zealand market session.
Currently, NZD/USD is moving towards the support zone of 0.71000 and the next resistance zone is at 0.72850.
If NZD/USD breaks the support zone of 0.71000, look for short-term selling opportunities up until the release of the U.S. jobs report later at 2030 (GMT+8).
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