NZD/USD Outlook (04 January 2022)

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Overall, NZD/USD is ranging across. Recently, NZD/USD rejected the resistance zone of 0.68400 and traded below the key level of 0.68.

New Zealand banks will be closed today in observance of Second New Year’s Day.
Expect lower trading volume and volatility during the usual New Zealand market hours.

Currently, NZD/USD is trading up toward the key level of 0.68. Its next support zone is at 0.67100 and the next resistance zone of 0.68400.
Look for selling opportunities of NZD/USD if it bounces down from the key level of 0.68.

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