NZD/USD testing critical support – UOB

FXStreet (Guatemala) – Analysts at UOB are bullish on NZD/USD but noted key support that the pair was sold down to today.

Key Quotes:

“Break below 0.6745 would indicate an interim top is in place. As highlighted last Friday, an interim top is likely close-by but confirmation is only upon a break below 0.6745.

A break below this level would indicate the start of pull-back could potentially lead to a test of the 0.6620 low last week.”

Analysts at UOB are bullish on NZD/USD but noted key support that the pair was sold down to today.


(Market News Provided by FXstreet)