NZD/USD traders roll up sleezes for domestic data

NZD/USD bulls are in riding the AUD´s coattails.
Focus will turn domestic with NZ GDP coming up.

NZD/USD has been range bound in the prior day following the Reserve Bank of Australia´s surprise hawkish hike. NZD/USD is steady in early Asia, sitting near 0.6075.

´´The Kiwi is little changed this morning and most crosses, with the exception of NZD/AUD, are likewise following a fairly muted night on global FX markets,´´ analysts at ANZ Bank explained.

The analysts explained with the RBA behind us and the AU market now pricing in a follow-up hike, the focus returns to local data and events.

In this regard, markets will be looking to New Zealand's first quarter Gross Domestic Product partials, the analysts said, like manufacturing (tomorrow) out and the Fed in blackout ahead of its meeting next week.

´´We continue to think about carry but are beginning to ask if NZ’s external position might suddenly become a sticking point when current account data is published next week.´´

NZD/USD

Overview
Today last price	0.6075
Today Daily Change	0.0006
Today Daily Change %	0.10
Today daily open	0.6069

Trends
Daily SMA20	0.6167
Daily SMA50	0.6201
Daily SMA100	0.6247
Daily SMA200	0.6149

Levels
Previous Daily High	0.6086
Previous Daily Low	0.6041
Previous Weekly High	0.6112
Previous Weekly Low	0.5985
Previous Monthly High	0.6385
Previous Monthly Low	0.5985
Daily Fibonacci 38.2%	0.6069
Daily Fibonacci 61.8%	0.6058
Daily Pivot Point S1	0.6044
Daily Pivot Point S2	0.602
Daily Pivot Point S3	0.5999
Daily Pivot Point R1	0.609
Daily Pivot Point R2	0.6111
Daily Pivot Point R3	0.6136

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