Currency Insights
NZDUSD: Next support at 0.8060
Risk currencies are expected to continue to hold well on the central bank’s hope, as well as the support from the policy leaders.
On the NZDUSD H4 Chart, the next support will be at 0.8060, which is the Fibonacci 61.8% retracement level (August peak to July bottom), the second support is 0.8005. The next resistance is at 0.8185 and the second resistance is the August peak at 0.8220.
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