Back
17 May 2013
Forex: NZD/USD posts fresh 6-month lows around 0.8140
FXstreet.com (Barcelona) - NZD/USD is last at 0.8170, off a double intraday low at 0.8140, the lowest in 6 months, ahead of NZ PPI at 22:45 GMT.
The pair is down -1.56% for the week so far, while -1.36% year to date, and -1.05% in last 6 months, reflecting the ranging pattern of this market in such a time span. Currently around yesterday's and Tuesday's previous weekly lows, now working as resistance, NZD/USD has been making consecutive lower lows all week long, with consecutive lower highs.
The pair is down -1.56% for the week so far, while -1.36% year to date, and -1.05% in last 6 months, reflecting the ranging pattern of this market in such a time span. Currently around yesterday's and Tuesday's previous weekly lows, now working as resistance, NZD/USD has been making consecutive lower lows all week long, with consecutive lower highs.