Investing.com - The New Zealand Dollar was higher against the U.S. Dollar on Tuesday after the release of U.S. data on CB Consumer Confidence.
NZD/USD was trading at 0.8235, up 0.87% at time of writing.
The pair was likely to find support at 0.7967, Thursday’s low, and resistance at 0.8264, today’s high.
Earlier in the day, data showed that CB consumer confidence in the U.S. fell unexpectedly to a seasonally adjusted 60.8 last month from 66.0 in the preceding month whose figure was revised up from 65.4.
Analysts had expected CB consumer confidence to rise to 66.3 last month.
Meanwhile, the New Zealand Dollar was up against the Australian Dollar and the Euro, with AUD/NZD shedding 1.12% to hit 1.2948 and EUR/NZD falling 0.17% to hit 1.7466.
NZD/USD was trading at 0.8235, up 0.87% at time of writing.
The pair was likely to find support at 0.7967, Thursday’s low, and resistance at 0.8264, today’s high.
Earlier in the day, data showed that CB consumer confidence in the U.S. fell unexpectedly to a seasonally adjusted 60.8 last month from 66.0 in the preceding month whose figure was revised up from 65.4.
Analysts had expected CB consumer confidence to rise to 66.3 last month.
Meanwhile, the New Zealand Dollar was up against the Australian Dollar and the Euro, with AUD/NZD shedding 1.12% to hit 1.2948 and EUR/NZD falling 0.17% to hit 1.7466.