However, the pair seems to have found support recently at the 0.7110/00 zone. NZD/USD hit 0.7100 just a moment ago, the lowest price since Tuesday, and currently trades at the 0.7110 area.

If the Dollar manages to drag the price below 0.7100, next supports could be located at 0.7070 and then 0.7020. On the other hand, if the Kiwi handles to regain some ground, resistances might be faced around 0.7140, 0.7180 and 0.7210.

Thu, Jul 22 2010, 01:03 GMT
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