New Zealand dollar has been one of the worst performing currencies in the past two weeks. From a high near 0.74 on Friday 13th it fell to as low as 0.7060 yesterday, that's 340 pips or 4.8%. 0.70 - 0.705 area will likely offer some support. In the event of a retracement, 0.71 - 0.715 is where I'd expect at least some resistance.
Translate to English Show original