NZD/USD Outlook (8 November 2019)

2019-11-08 12:57:24

Overall, NZD/USD has been ranging across. Recently, NZD/USD’s downtrend has stagnated.
With the recent poor New Zealand employment data, wait for NZD/USD to move below 0.63400 before looking for selling opportunities.
NZD/USD’s next support level is at 0.62200 and the next resistance level is at 0.64300.