JinDao_Tai

NZD/USD Outlook (20 October 2020)

FX:NZDUSD   Yeni Zelanda Doları / ABD Doları
Overall, NZD/USD is ranging across.

Earlier today, it was reported that the Reserve Bank of New Zealand governor Adrian Orr said that the central bank still has plenty of firepower left in their QE program. He also commented that they central bank will prefer to handle more inflation over deflation.

NZD/USD’s next support zone is at 0.65400 and the next resistance zone is at 0.67900.
Look for short-term selling opportunities of NZD/USD.

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