Investing.com - The New Zealand Dollar was lower against the U.S. Dollar on Wednesday after the release of N.Z. data on Trade Balance.
NZD/USD was trading at 0.8004, down 0.11% at time of writing.
The pair was likely to find support at 0.7901, Friday’s low, and resistance at 0.8109, Monday’s high.
Earlier in the day, data showed that New Zealand’s trade balance fell more-than-expected to a seasonally adjusted -751M last month from -641M in the preceding month.
Analysts had expected the trade balance to fall -440M last month.
Meanwhile, the New Zealand Dollar was down against the Australian Dollar and the Euro, with AUD/NZD gaining 0.08% to hit 1.2991 and EUR/NZD rising 0.01% to hit 1.7359.
NZD/USD was trading at 0.8004, down 0.11% at time of writing.
The pair was likely to find support at 0.7901, Friday’s low, and resistance at 0.8109, Monday’s high.
Earlier in the day, data showed that New Zealand’s trade balance fell more-than-expected to a seasonally adjusted -751M last month from -641M in the preceding month.
Analysts had expected the trade balance to fall -440M last month.
Meanwhile, the New Zealand Dollar was down against the Australian Dollar and the Euro, with AUD/NZD gaining 0.08% to hit 1.2991 and EUR/NZD rising 0.01% to hit 1.7359.