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NZD/USD Outlook (11 June 2021)

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NZD/USD Outlook (11 June 2021)

ByJin Dao Tai

 JUN 11, 2021

NZD/USD Outlook (11 June 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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