fxnorseman

50 pip move NZDUSD 7/25/19

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend: Sideways/down

Price might drop to a fresh demand zone around 0.6609

There is no fresh zones for the kiwi to move upwards tonight.

News: Consumer goods news was good today for the US DOLLAR. This might get factored into the NZDUSD price tonight, helping push the kiwi lower to a fresher demand zone.

Make sure to get out of trade before 8AM. There is an advanced FED report on GDP at 8:30AM EST.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.