Hey there! Just wanted to share some insights about the NZDUSD pair that might be helpful. It seems that if the US experiences a hard landing, there's a chance that bank risk will increase, and people might start expecting a recession. If that happens, the USD could become stronger, which could weaken the NZDUSD pair. Morgan Stanley predicts that the NZDUSD might drop to 0.5800, so keep an eye on that. And if you're interested in the technical side of things, it's worth checking out the 100 and 200 EMA on the daily chart to get a sense of where the pair might be headed. Hope that helps!
Hey there! Just wanted to share some insights about the NZDUSD pair that might be helpful. It seems that if the US experiences a hard landing, there's a chance that bank risk will increase, and people might start expecting a recession. If that happens, the USD could become stronger, which could weaken the NZDUSD pair. Morgan Stanley predicts that the NZDUSD might drop to 0.5800, so keep an eye on that. And if you're interested in the technical side of things, it's worth checking out the 100 and 200 EMA on the daily chart to get a sense of where the pair might be headed. Hope that helps!