9 Nov 2016
NZD/USD prints one-month low
NZD/USD pair fell to 0.7272; the lowest level since November 2 amid the broad based sell-off in the risk assets across the globe.
Trades above 0.73
At the time of writing, the spot was trading around 0.7310 levels. As if now, Trump is leading with 244 votes, while Clinton is lagging at 209.
Pennsylvania, Wisconsin and Michigan are yet to declare the results. However, the markets believe Trump has sealed the deal following his victory in other key states and in the Clinton strong holds.
NZD/USD Technical Levels
Key resistance levels – 0.7348 (Nov 7 high), 0.74 (previous day’s high), 0.7485 (Sep 7 high)
Key support levels – 0.73 (zero figure), 0.7272 (session low), 0.72 (zero figure)