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Forex pairs in this Article » NZD/USD
FXstreet.com (Barcelona) - The NZDUSD has been unable to mount any manner of sustained push towards the upside or recovery as the cross has once again reversed and fallen lower towards the 0.8139/41 region. At this juncture the pair has notched a loss of -0.43% below its opening Wednesday, while risk aversion seems to be permeating the markets.

Market participants are likely to be keyed in on the data releases later today out of the United States, which offers a cornucopia of high profile indicators, including the Reuters/Michigan Consumer Sentiment Index (14:55 GMT) and indices pertinent to employment.

Technically speaking, the cross is in the midst of testing calculated support at 0.8140 - Mataf.net analysts point to additional supports at 0.8118 onto 0.8091. On the ascension, the NZDUSD will face means of resistance at 0.8189, followed by 0.8216, and finally 0.8238.
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