NZD/USD pressuring 0.68 support – ANZ

FXStreet (Barcelona) – The Technical Strategy Team at ANZ, sees downside potential towards 0.66 for NZD/USD if the pair breaks below the 0.68 support.

Key Quotes

“NZD technical indications remain weak, as NZD/USD threatens to break the 0.68 support, opening the way for a move to 0.66.”

“Topside resistance is now imposing, starting at 0.6940, is thick until 0.7020, then 0.7080, before peaking at 0.7180- 0.7230.”

The Technical Strategy Team at ANZ, sees downside potential towards 0.66 for NZD/USD if the pair breaks below the 0.68 support.

(Market News Provided by FXstreet)