NZD/USD levels to watch ahead of RBNZ decision

[syamfx2020]

NZD/USD trading below the support zone of 0.66 ahead of RBNZ decision later this week, the investors waiting for further insights on the views of the central bank on negative interest rates and economic forecasts.

Important Levels to watch this week:

Support: 0.6550 and 0.6510

Resistance: 0.6630 and 0.6690

 

[ForexTus]

Should hold in consolidation until then

 

[syamfx2020]

View attachment 56579

NZD/USD trading below the support zone of 0.66 ahead of RBNZ decision later this week, the investors waiting for further insights on the views of the central bank on negative interest rates and economic forecasts.

Important Levels to watch this week:

Support: 0.6550 and 0.6510

Resistance: 0.6630 and 0.6690

View attachment 56580

NZD/USD found the support near my S2 area and rebounded back to pivot level 0.6550. Any break below 0.6520 will open doors to 0.65 then 0.6460. On the upper side, the immediate resistance at 0.6570/80.