Investing.com - The New Zealand Dollar was lower against the U.S. Dollar on Tuesday after the release of N.Z. data on Trade Balance.
NZD/USD was trading at 0.8339, down 0.26% at time of writing.
The pair was likely to find support at 0.8163, Monday’s low, and resistance at 0.8374, Thursday’s high.
Earlier in the day, data showed that New Zealand’s trade balance rose unexpectedly to a seasonally adjusted 129M last month from 197M in the preceding month whose figure was revised down from 230M.
Analysts had expected the trade balance to fall -99M last month.
Meanwhile, the New Zealand Dollar was down against the Australian Dollar and the Euro, with AUD/NZD gaining 0.23% to hit 1.2619 and EUR/NZD rising 0.22% to hit 1.7312.
NZD/USD was trading at 0.8339, down 0.26% at time of writing.
The pair was likely to find support at 0.8163, Monday’s low, and resistance at 0.8374, Thursday’s high.
Earlier in the day, data showed that New Zealand’s trade balance rose unexpectedly to a seasonally adjusted 129M last month from 197M in the preceding month whose figure was revised down from 230M.
Analysts had expected the trade balance to fall -99M last month.
Meanwhile, the New Zealand Dollar was down against the Australian Dollar and the Euro, with AUD/NZD gaining 0.23% to hit 1.2619 and EUR/NZD rising 0.22% to hit 1.7312.