NZD/USD Outlook (26 November 2019)

Overall, NZD/USD has been ranging across. Recently, NZD/USD has been moving across within 55pips.
Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr will be holding a press conference about the Financial Stability Report tomorrow at 0600 (SGT). During this time, volatility is expected of the New Zealand dollar.
Currently, NZD/USD is moving towards the resistance level of 0.64400 and the next support level is at 0.62600.
Stay out of NZD/USD for now and look for trading opportunities after tomorrow’s press conference.