NZD/USD Outlook (2 December 2019)

2019-12-02 12:10:44

Overall, NZD/USD has been ranging across. This morning, NZD/USD trended higher after the release of the positive manufacturing and non-manufacturing PMI data from China over the weekend.
Currently, NZD/USD is testing the resistance level of 0.64400 and its next support level is at 0.62600.
Look for short-term buying opportunities of NZD/USD if it breaks the resistance level.