The New Zealand Dollar was lower against the U.S. Dollar on Tuesday after the release of U.S. data on Existing Home Sales.
NZD/USD was trading at 0.7520, down 0.02% at time of writing.
The pair was likely to find support at 0.7436, Thursday’s low, and resistance at 0.7562, Monday’s high.
Earlier in the day, industry data showed that existing home sales rose more-than-expected to a seasonally adjusted annual rate of 4.53M last month from 4.12M in the preceding month whose figure was revised down from 4.13M.
Analysts had expected existing home sales to rise to 4.25M last month.
Meanwhile, the New Zealand Dollar was up against the Australian Dollar and the Euro, with AUD/NZD shedding 0.07% to hit 1.3157 and EUR/NZD falling 0.09% to hit 1.8546.
NZD/USD was trading at 0.7520, down 0.02% at time of writing.
The pair was likely to find support at 0.7436, Thursday’s low, and resistance at 0.7562, Monday’s high.
Earlier in the day, industry data showed that existing home sales rose more-than-expected to a seasonally adjusted annual rate of 4.53M last month from 4.12M in the preceding month whose figure was revised down from 4.13M.
Analysts had expected existing home sales to rise to 4.25M last month.
Meanwhile, the New Zealand Dollar was up against the Australian Dollar and the Euro, with AUD/NZD shedding 0.07% to hit 1.3157 and EUR/NZD falling 0.09% to hit 1.8546.