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NZD/USD consolidates above 0.8360

FXStreet (Córdoba) - The NZD/USD climbed during the Asian session and peaked on European hours at 0.8380. The area around 0.8380 capped the upside and the pair pulled back modestly. The retreated from the highs found support around 0.8360.

NZD/USD having the best day in almost two months

Near the end of the American session the NZD/USD trades at 0.8374/77, 45 pips above the price it had at the beginning of the day, headed toward the biggest daily gain in months.

NZD/USD levels to consider

To the upside, immediate resistance lies at 0.8380 (daily high) and above here at 0.8400/05 followed by 0.8430 (August 22 high). To the downside support might be located at 0.8355/60 (session low), 0.8320 (August 27 low) and 0.8310 (August 26 low).

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