NZD/USD Outlook (26 February 2020)

Overall, NZD/USD is trending downwards. Recently, NZD/USD moved lower towards the key level of 0.63.
Currently, NZD/USD is hovering above the key level of 0.63. Its next support level is at 0.62600 and the next resistance level is at 0.64000.
The ANZ business confidence data (Previous: -13.2) will be release tomorrow at 0800 (SGT).
If the released data is worse than previous release and that NZD/USD breaks below the key level of 0.63, look for selling opportunities.