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3 Jun 2014
NZD/USD tumbles below 0.8450
FXStreet (Córdoba) - The Kiwi is falling sharply across the baord on Tuesday pushing the ">NZD/USD to 3-month lows, moving further away from 2014 highs. Recently the pair bottomed at 0.8424, the lowest price since March 5 after falling 30 pips in a few minutes.
Currently trades at 0.8427, down 0.26% for the day, headed toward the fourth daily decline out of the last five trading days.
NZD/USD technical levels
To the downside below daily lows immediate support could be located around 0.8400, 0.8385 and 0.8340. In case of a recovery, resistance levels might lie at 0.8440, followed by 0.8475 and 0.8500.
Currently trades at 0.8427, down 0.26% for the day, headed toward the fourth daily decline out of the last five trading days.
NZD/USD technical levels
To the downside below daily lows immediate support could be located around 0.8400, 0.8385 and 0.8340. In case of a recovery, resistance levels might lie at 0.8440, followed by 0.8475 and 0.8500.