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NZD/USD Outlook (16 March 2022)

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Overall, NZD/USD is trending upwards. Recently, NZD/USD bounced off the support zone of 0.67100.

The New Zealand GDP q/q data (Forecast: 3.3%, Previous: -3.7%) will be released tomorrow at 0545 (GMT+8).

NZD/USD’s next support zone is at 0.67100 and the next resistance zone is at 0.68400.
Look for short-term selling opportunities of NZD/USD.

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