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NZDUSD ANALYSIS ON H4 CHART.

Long
New Zealand Dollar / U.S. Dollar (FOREXCOM:NZDUSD)  
charliedavies770  
FOREXCOM:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Technical Indicators Fundamental Analysis NZDUSD nzdusdlong
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trendanalysis indicator fundamental nzdusd nzdusdlong
Overall, NZD/USD is ranging across. Recently, NZD/USD rejected the resistance zone of 0.67100 after the hawkish tone delivered by the U.S. FOMC.

The New Zealand CPI q/q data (Actual: 1.4%, Forecast: 1.3%, Previous: 2.2%) released earlier today indicated a slowdown in the pace of inflation during the fourth quarter of 2021.

NZD/USD’s next support zone is at 0.65400 and the next resistance zone is at 0.67100.
Look for short buying opportunities of NZD/USD.
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