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NZD/USD tests 2-week lows at 0.7765

FXStreet (San Francisco) - The NZD/USD deepened its fall to the lowest level since November 11 at 0.7765 following a god US GDP data. However, the pair found buying interest at this level and bounced off to trade back at 0.7790.

US GDP was upward revised to 3.9% growth in the 3Q, up from the preliminary reading of 3.5%.

Currently, NZD/USD is trading at 0.7786, down -0.93% on the day, having posted a daily high at 0.7868 and low at 0.7766. The FXStreet OB/OS Index is reflecting oversold hourly conditions, while the FXStreet Trend Index is slightly bearish.

NZD/USD levels

If the pair extends decline below 0.7765, it will find next supports at 0.7750 and 0.7715. To the upside, resistances are at 0.7800, 0.7850 and 0.7860.

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