NZD/USD Outlook (31 August 2021)
ByJin Dao Tai
AUG 31, 2021
Overall, NZD/USD is ranging across. Recently, NZD/USD broke the resistance zone of 0.69500.
The Building Consents m/m data (Actual: 2.1%, Forecast: NA, Previous: 4.0% revised from 3.8%) released earlier today indicated a slowdown in the increase in the number of building approvals issued.
NZD/USD’s next support zone is at 0.69500 and the next resistance zone is at 0.71000.
Look for buying opportunities of NZD/USD.
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