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3 Jul 2014
NZD/USD falls hard to 0.8715
FXStreet (San Francisco) - The NZD/USD is trading under pressure amid pro-USD environment following the upbeat US employment report in June. The NZD/USD declined 60 pips from 0.8775 to break below the 0.8750 and to price at lows since June 25 at 0.8715.
Currently, NZD/USD is trading at 0.8733, down 0.46% on the day, having posted a daily high at 0.8779 and low at 0.8717. The hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is slightly bearish.
NZD/USD levels
If the pair continues with his bearish momentum, it would face supports at 0.8715, 0.8700 and 0.8680. On the upside, resistances are at 0.8750, 0.8775 and 0.8790.
Currently, NZD/USD is trading at 0.8733, down 0.46% on the day, having posted a daily high at 0.8779 and low at 0.8717. The hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is slightly bearish.
NZD/USD levels
If the pair continues with his bearish momentum, it would face supports at 0.8715, 0.8700 and 0.8680. On the upside, resistances are at 0.8750, 0.8775 and 0.8790.