Technical Analysis for NZD

The pair is fluctuating around 0.7970 support level, failed to close yesterday's trading session below it. Accordingly, the bullish rebound scenario remains possible, however due to the key economic news data today, we prefer to stay aside awaiting confirmation.

Support: 0.7970, 0.7950, 0.7900, 0.7860, 0.7825
Resistance: 0.8000, 0.8050, 0.8100, 0.8135, 0.8165

Recommendation Neutral

IMOH, Clement I.
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