Bearish target on NZD/USD from Barclays Capital.

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According to the latest technical setups from Barclays Capital the analysts are bearish on NZD/USD currency pair.

“We are bearish against resistance in the 0.6990 area and look for a move below 0.6760 to signal lower towards targets near 0.6670 and then 0.6545” written in the report.

As of 4:56 PM EDT the NZD/USD was trading at 0.6952, which is 0.45% higher than the previous close.

Forex Forecast

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