NZD/USD Outlook (11 June 2021)
JUN 11, 2021
Overall, NZD/USD is ranging across. Recently, NZD/USD failed to break above the key level of 0.72.
Day 1 of the G7 meetings will be held today. During this time, there may be volatility in the market. Also, day 2 and 3 of the meetings will be held over the weekend.
Currently, NZD/USD is moving towards the key level of 0.72. Its next support zone is at 0.71000 and the next resistance zone is at 0.72850.
Look for short-term selling opportunities of NZD/USD if it fails to break above the key level of 0.72.
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