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TDUX
Jun 09 - 08:55 PM

NZD/USD - Under Pressure Amid US-Iran Deterioration

By James Connell  —  Jun 09 - 07:38 PM

• NZD/USD -0.1% Wed after U.S. launches fresh attacks against Iran

• Trump fulfils retaliation threat in wake of downed Apache helicopter

• Iran torments U.S., progress on Middle East peace deal looks unlikely

• NZD targeting break below 0.5680 support, downswing will accelerate below

• CN May inflation data & U.S. CPI due Wed, U.S. May PPI due Thur

• Range NZ 0.58075-22, support 0.5680 5580, resistance 0.5990-95 0.6012
NZD Daily 55-DMA


(James Connell is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters

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