Back
27 Jun 2013
NZD/JPY testing the 76.00 level
FXstreet.com (New York) - The NZD/JPY has inched lower during Asian trading, testing the 76.00 barrier in these moments.
NZD/JPY stabilized above first support
Presently, the NZD/JPY is relegated to negative territory at 76.03, down -0.15% Thursday after recent economic data in New Zealand. Technically speaking, supportive means for the NZD/JPY will be encountered at 75.29, ahead of the 74.68, and 74.29. On the ascension, resistances will trigger at 76.29, onto 76.68, and 77.29, notes the Mataf.net analyst team.
NZD/JPY driven by weak NZ data
Earlier today in New Zealand, the Trade Balance (MoM) came in at $71M in May, vastly underperforming expectations of $400M, and compared with a figure of $157M previously. Meanwhile, Imports and Exports (May) came in at $4.01B (against a projection of $4.05B), and $4.08B (vs. estimates of $4.45B) respectively.
NZD/JPY stabilized above first support
Presently, the NZD/JPY is relegated to negative territory at 76.03, down -0.15% Thursday after recent economic data in New Zealand. Technically speaking, supportive means for the NZD/JPY will be encountered at 75.29, ahead of the 74.68, and 74.29. On the ascension, resistances will trigger at 76.29, onto 76.68, and 77.29, notes the Mataf.net analyst team.
NZD/JPY driven by weak NZ data
Earlier today in New Zealand, the Trade Balance (MoM) came in at $71M in May, vastly underperforming expectations of $400M, and compared with a figure of $157M previously. Meanwhile, Imports and Exports (May) came in at $4.01B (against a projection of $4.05B), and $4.08B (vs. estimates of $4.45B) respectively.