17 Jun 2014
NZD/USD falls to 0.8640
FXStreet (Córdoba) - The Kiwi is losing ground on Tuesday against the US dollar, pulling back after testing on Monday 0.8700. After the release of US CPI data the NZD/USD dropped to 0.8641, hitting the lowest price in three days.
The pair moved all day with a downside bias and attempted to recover ground during the European session but turned to the downside after approaching 0.8675.
In the last hours it has been steady, moving in a range between 0.8645 and 0.8660, trading with a 0.30% loss for the day so far.
NZD/USD levels to watch
To the upside, immediate resistance lies at 0.8660 followed by the 0.8680 and then the key 0.8700. On the other direction, immediate support lies at daily lows followed by 0.8605 and 0.8575 (June 11 high).
The pair moved all day with a downside bias and attempted to recover ground during the European session but turned to the downside after approaching 0.8675.
In the last hours it has been steady, moving in a range between 0.8645 and 0.8660, trading with a 0.30% loss for the day so far.
NZD/USD levels to watch
To the upside, immediate resistance lies at 0.8660 followed by the 0.8680 and then the key 0.8700. On the other direction, immediate support lies at daily lows followed by 0.8605 and 0.8575 (June 11 high).