Investing.com - The New Zealand Dollar was higher against the U.S. Dollar on Monday after the release of N.Z. data on Trade Balance.
NZD/USD was trading at 0.7622, up 0.31% at time of writing.
The pair was likely to find support at 0.7552, Thursday’s low, and resistance at 0.7682, Wednesday’s high.
Earlier in the day, data showed that New Zealand’s trade balance fell more-than-expected to a seasonally adjusted -186.00M last month from -224.00M in the preceding month whose figure was revised up from -319.00M.
Analysts had expected the trade balance to fall -151.00M last month.
Meanwhile, the New Zealand Dollar was up against the Australian Dollar and the Euro, with AUD/NZD shedding 0.12% to hit 1.3092 and EUR/NZD falling 0.20% to hit 1.6954.
NZD/USD was trading at 0.7622, up 0.31% at time of writing.
The pair was likely to find support at 0.7552, Thursday’s low, and resistance at 0.7682, Wednesday’s high.
Earlier in the day, data showed that New Zealand’s trade balance fell more-than-expected to a seasonally adjusted -186.00M last month from -224.00M in the preceding month whose figure was revised up from -319.00M.
Analysts had expected the trade balance to fall -151.00M last month.
Meanwhile, the New Zealand Dollar was up against the Australian Dollar and the Euro, with AUD/NZD shedding 0.12% to hit 1.3092 and EUR/NZD falling 0.20% to hit 1.6954.