The NZD made an intra-night rebound on Friday, after theUS payrolls release, to end the week above 0.8510. The NZD/USD had been drifting steadily lower on Fridayahead of the much-anticipated US payrolls data. After therelease came in below consensus expectations the NZD/USD was boosted higher. From around0.8460, the NZD/USD spiked above 0.8530, before easingoff into the close. Friday night’s lows mark the NZD’s 200-moving average and will remain a key level of supporttoday. Resistance is eyed approaching 0.8540.
Read the full report: FX Daily
