NZD/USD Outlook (13 October 2021)

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Overall, NZD/USD is trending downwards. Recently, NZD/USD has been bouncing off the resistance zone of 0.69500.

G20 meetings will be held today.

NZD/USD’s next support zone is at 0.67900 and the next resistance zone is at 0.69500.
Look for short-term selling opportunities of NZD/USD up until the release of the meeting minutes by the FOMC tomorrow at 0200 (GMT+8).

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