NZD/USD

May 6, 2022

The exchange rate of the New Zealand dollar against the US dollar is now around 0.6410
We expect a drop for the pair when breaching the level of 0.6350 as a first target, and the target loss will be stopped at the level of 0.6450

Support: 0.6350
Pivot point: 0.6400
Resistance: 0.6450
The direction of the pair: down with trading 0.6410 and stop loss 0.6450