NZD/USD Outlook (02 July 2021)

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NZD/USD Outlook (02 July 2021)

ByJin Dao Tai

 JUL 2, 2021

NZD/USD Outlook (02 July 2021)

Overall, NZD/USD is trending downwards. Recently, NZD/USD bounced down from the key level of 0.70.

Currently, NZD/USD is testing the support zone of 0.69500 and the next resistance zone is at 0.71000.

Look for short-term selling opportunities of NZD/USD if it breaks the support zone of 0.69500 up until the release of the U.S. jobs report at 2030 (GMT+8).

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