NZD/USD: Tight ranges look set to continue - ANZ
In view of analysts at ANZ, tight ranges look set to continue for NZD/USD pair at the start of this week, while a light local data calendar means volatility will be driven by offshore events.
“The euro is currently flavour of the month as surveyed data indicates accelerating growth credentials, pushing EUR/USD to 1.19. This week will be about the US monetary policy, with several key speeches, and whether or not there is any further progress on tax reform.”
“Support 0.6780 Resistance 0.6920”