- The Kiwi is continuing to stoop for Tuesday after marking in a new low for 2018 on Monday.
- Hourly indicators are spinning into buy signals, but bearish momentum continues.
- NZIER Business Confidence dropped to -20%, confidence weakening in the NZ economy and the NZD.
| Spot rate: | 0.6307 |
| Relative change: | -0.14% |
| High: | 0.6716 |
| Low: | 0.6700 |
| Trend: | Bearish |
| Support 1: | 0.6689 (previous day low) |
| Support 2: | 0.6624 (S2 weekly pivot) |
| Support 3: | 0.6512 (S2 weekly pivot) |
| Resistance 1: | 0.6716 (current day high) |
| Resistance 2: | 0.6750 (61.8% Fibo retracement level) |
| Resistance 3: | 0.6788 (current week high) |
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