Jin_LCMSTraders

NZD/USD Outlook (21 June 2021)

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Overall, NZD/USD is trending downwards. Recently, NZD/USD broke below the key level of 0.70.

The New Zealand Westpac Consumer Sentiment data (Forecast: NA, Previous: 105.2) will be released tomorrow at 0500 (GMT+8).

Currently, NZD/USD is testing the support zone of 0.69500 and the next resistance zone is at 0.71000.
Look for selling opportunities of NZD/USD if it breaks the support zone of 0.69500.
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