NZD/USD Outlook (28 February 2020)

2020-02-28 08:49:22

Overall, NZD/USD is trending downwards. Recently, NZD/USD broke above the key level of 0.63 before breaking back below that level.
Currently, NZD/USD is moving towards the support level of 0.62600 and the next resistance level is at 0.64000.
Look for selling opportunities of NZD/USD if it breaks the support level of 0.62600.