23 Jul 2013
NZD/USD prints fresh 3-week highs shy of 0.80
FXstreet.com (Barcelona) - The NZD/USD foreign exchange rate is last quoted at 0.7993 asks, barely above previous multi-week highs from past Friday, and currently fresh session and weekly highs printed on the back of broad USD weakness and Kiwi strength.
NZD/USD remains bid
According to the FXMarketAlerts Team, “Statistics NZ says local authority financial statistics will be delayed to July 24 from today. The delay is due to water damage to Wellington building after the weekend earthquakes. Trade figures will still be release on July 24 as scheduled,” the analysts said, adding: “On FX, NZD remains bid. Good to watch for any RBNZ interest to sell Kiwi to curb Kiwi rise vs Aussie.”
NZD/USD key technical levels
Immediate resistance to the upside for NZD/USD shows at recent session highs 0.7993, followed by May 30 lows at 0.8002, and June 12 highs at 0.8025. To the downside, closest support lies at July 11 highs at 0.7970, followed by July 17 highs at 0.7942, and June 06 lows at 0.7900.
NZD/USD remains bid
According to the FXMarketAlerts Team, “Statistics NZ says local authority financial statistics will be delayed to July 24 from today. The delay is due to water damage to Wellington building after the weekend earthquakes. Trade figures will still be release on July 24 as scheduled,” the analysts said, adding: “On FX, NZD remains bid. Good to watch for any RBNZ interest to sell Kiwi to curb Kiwi rise vs Aussie.”
NZD/USD key technical levels
Immediate resistance to the upside for NZD/USD shows at recent session highs 0.7993, followed by May 30 lows at 0.8002, and June 12 highs at 0.8025. To the downside, closest support lies at July 11 highs at 0.7970, followed by July 17 highs at 0.7942, and June 06 lows at 0.7900.