Sellers maintain the hold ahead of jobs data from largest customer Australia.
Looming doubts over the global trade mechanism superseded contrasting inflation data from China and the US, which in turn negatively affected the Antipodeans off-late. NZD/USD marked the third day of losses by Wednesday’s end while remaining in the red area around 0.6575 at the start of Thursday’s Asian session.
- Trade tension, US Dollar (USD) strength kept derailing commodity-linked currencies.
- Lack of domestic data increases the importance of the AU employment report.
NZD/USD LONG (Buy)
Enter at: 0.65670