NZDUSD 2017-12-22 Intra-day analysis

Catalonia vote dents sentiment in the euro

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NZDUSD intra-day analysis

NZDUSD (0.7016): The New Zealand dollar continues to consolidate around the 0.7000 level. Following the decline to 0.6950, the NZDUSD is attempting to retest the previous highs. A breakout above this level could suggest further gains with 0.7100 coming into focus. However, failure to breakout above the previous highs could suggest a near term correction. Support at 0.6917 could be tested in the short term ahead of further gains.


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