NZD IS BULLISH

Jul 06, 2012 06:20 am

haney398 User

Posts: 21
Member since: 05/07/2012

Supported by the uplifted commodity prices, NZD is well supported above the 0.80 levels

Market Highlights and Technical Analysis
06-Jul vs USD 0.8036
Daily change: -0.05%
Daily high: 0.8074
Daily low: 0.8001
Support*: 0.7871
Resistance*: 0.8137

(-) New Zealand Q1 unemployment rate rose to 6.7%, worse than market expected
(~) New Zealand Q1 CPI up 1.6% YoY, in line with market expectations
(~) RBNZ kept rates at 2.5% unchanged in Jun

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