Forex - NZD/USD up during the U.S. session

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Forex Pros – pros - The New Zealand Dollar was higher against the U.S. Dollar on Thursday after the release of U.S. data on Chicago PMI.


NZD/USD was trading at 0.8268, up 0.16% at time of writing.


The pair was likely to find support at 0.8009, Monday’s low, and resistance at 0.8318, today’s high.


Earlier in the day, data showed that The U.S.’s Chicago PMI rose unexpectedly to a seasonally adjusted 61.1 last month from 56.6 in the preceding month.


Analysts had expected the Chicago PMI to fall to 54.0 last month.


Meanwhile, the New Zealand Dollar was down against the Australian Dollar and the Euro, with AUD/NZD gaining 0.21% to hit 1.2963 and EUR/NZD rising 0.38% to hit 1.7557.





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