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NZD/USD Outlook (6 April 2022)

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New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
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FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Forex NZDUSD countertrend technical Contains image
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trendanalysis forex nzdusd countertrend technical containsimage
Overall, NZD/USD have been trending upwards. With recent upside move capped at the 0.7000 resistance zone .

As the NZD/USD retraced from the key level of 0.7000 currently slightly below 0.6950. Look for short-term selling opportunities of NZD/USD if price remains below 0.6950. Its next support zone is at 0.68400.
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