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New Zealand dollar was trading higher against the dollar in European morning, after retail sales in the second quarter of the country, except for inflation, was announced at the powerful. Revenue rose 1.2% quarterly, from + 0.8% quarterly rise in 1st quarter adjusted.
Rate NZD / USD has rallied in the morning session in Europe, towards 0.8500 resistance (R1) and a reversal of the downward trend volatility. The rates above the pivot pulling up a clear blue can be extended to the next resistance level of 0.8525 (R2). However, pulling up rates above 0.8525 (R2) is clearly necessary to support a reversal of the recent downward trend.
Support levels: 0.8450 (S1), 0.8400 (S2), 0.83370 (S3).
Resistance levels: 0.8500 (R1), 0.8525 (R2), 0.8625 (R3).
Rate NZD / USD has rallied in the morning session in Europe, towards 0.8500 resistance (R1) and a reversal of the downward trend volatility. The rates above the pivot pulling up a clear blue can be extended to the next resistance level of 0.8525 (R2). However, pulling up rates above 0.8525 (R2) is clearly necessary to support a reversal of the recent downward trend.
Support levels: 0.8450 (S1), 0.8400 (S2), 0.83370 (S3).
Resistance levels: 0.8500 (R1), 0.8525 (R2), 0.8625 (R3).
