17 Feb 2015
NZD/USD clings to 0.7500
FXStreet (Córdoba) - NZD/USD has continued to oscillate around the 0.75 mark over the last hours after hitting a 4-week high of 0.7527 on Monday underpinned by better-than-expected NZ retail sales data.
NZD/USD reached a high of 0.7513 in early Asian session but quickly pulled back below 0.75. At time of writing, the pair is trading at 0.7490 ahead of the Global Dairy Trade Auction.
NZD/USD levels to watch
As for technical levels, immediate resistances are seen at 0.7527 (Feb 16 high) and 0.7582 (Jan 22 high). On the other hand, supports could be found at 0.7469 (Feb 16 low) and 0.7410 (Feb 13 low).
NZD/USD reached a high of 0.7513 in early Asian session but quickly pulled back below 0.75. At time of writing, the pair is trading at 0.7490 ahead of the Global Dairy Trade Auction.
NZD/USD levels to watch
As for technical levels, immediate resistances are seen at 0.7527 (Feb 16 high) and 0.7582 (Jan 22 high). On the other hand, supports could be found at 0.7469 (Feb 16 low) and 0.7410 (Feb 13 low).