NZD/USD

May 4, 2022

The exchange rate of the New Zealand dollar against the US dollar is now around the level of 0.6430
We expect the pair to drop when breaching the level of 0.6400 as a first target, and the target loss will be stopped at the level of 0.6500

Support: 0.6450
Pivot point: 0.6530
Resistance: 0.6400
The direction of the pair: down with trading 0.6430 and stop loss 0.6500

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