The suggestion by Governor Adrian Orr that the Reserve Bank of New Zealand "actively prepares a set of additional monetary policy tools to be used if necessary" had surprisingly minimal effect on the local currency, as it erased annual losses and moved to a fresh annual high against the US dollar on September 2. This indicates a strength in NZD
Technical view:
NZDUSD has break the daily resistance and may pullback to one of the entries (Fib Extension overlapped with Fib Retracement). If you are a swing trader, wait for it to rebound from the trendline,
TP1: 0.67891
TP: 0.69059
Technical view:
NZDUSD has break the daily resistance and may pullback to one of the entries (Fib Extension overlapped with Fib Retracement). If you are a swing trader, wait for it to rebound from the trendline,
TP1: 0.67891
TP: 0.69059