NZ Trade Balance (December) recovers from $-4.85B to $-4.31B, NZD/USD unchanged

December month trade numbers from Statistics New Zealand fails to surprise the NZD/USD pair traders despite recovering from their downwardly revised priors.

The headlines Trade Balance (YoY) rose to $-4.31B from $-4.85B (revised from $-4.82B). Details concerning Imports and Exports suggest respective declines to $5B and $5.54B figures versus $6B (5.98B earlier) and $5.21B (5.23B) priors.

FX implications

NZD/USD pair shows a little reaction to the data while taking rounds to 0.6525 amid the initial Thursday morning in Asia.

Additional important levels

Today last price 0.6525
Today Daily Change -14 pips
Today Daily Change % -0.21%
Today daily open 0.6539
Daily SMA20 0.6625
Daily SMA50 0.6581
Daily SMA100 0.6463
Daily SMA200 0.6511
Previous Daily High 0.6551
Previous Daily Low 0.652
Previous Weekly High 0.663
Previous Weekly Low 0.658
Previous Monthly High 0.6756
Previous Monthly Low 0.6424
Daily Fibonacci 38.2% 0.6532
Daily Fibonacci 61.8% 0.6539
Daily Pivot Point S1 0.6522
Daily Pivot Point S2 0.6506
Daily Pivot Point S3 0.6491
Daily Pivot Point R1 0.6553
Daily Pivot Point R2 0.6568
Daily Pivot Point R3 0.6584



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