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NZD/USD loses the 0.8500 mark

FXStreet (Córdoba) - The NZD/USD fell to negative ground for the day during the American session weighed by the solid US nonfarm payrolls reading.

After hitting a 5-month high of 0.8522, the NZD/USD turned south and having fallen more than 70 pips over the last hours, it is currently trading around 0.8450, recording a 0.3% drop on the day.

NZD/USD key levels

In terms of technical levels, the NZD/USD could find immediate supports at 0.8445 (Mar 7 low), 0.8420 (100-hour SMA) and 0.8400 (psychological level). On the other hand, resistances are seen at 0.8522 (2014 high Mar 7), 0.8543 (high Oct 23 2013) and 0.8585 (high Apr 30 2013).

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