Forex Flash: NZD/USD on sideways consolidation for the week ahead - BNZ
Forex pairs in this Article » NZD/USD
FXstreet.com (Barcelona) - In BNZ, "we suspect we're in for a week of sideways consolidation in the NZDUSD," says head of research for the Kiwi bank Stephen Toplis, who notes: "The key support level to watch remains 0.8080 (also the 200 day moving average). A daily close below here would pave the way for a move back to 0.7900. On the topside, initial headwinds are expected on bounces above 0.8200," the analyst concludes.