NZD/USD increased as investors focused on today’s US data

The New Zealand dollar gained positions against its US counterpart during relatively calm trade session on Tuesday.

The pair hit 0.8120 during European session, highest value for today, after which consolidation followed at 0.8111-0.8115. Support levels were expected at 0.8006, lowest from May 23rd, while resistance was to be met at 0.8171, highest from May 23rd.

Investors seemed to be focusing on the crucial economic data from United States, scheduled to be released later, while expectations were fueled by a possible deceleration of FED asset purchasing program, if positive signals appeared.

Last week the minutes from the US central bank’s meeting in May showed that some policymakers were prepared to taper bonds purchasing in June.

Meanwhile, AUD/NZD pair decreased slightly to 1.1919.