NZDUSD is approaching a major resistance as you can see on the chart. The key price level is 0.7180. On this point, the pair could rebound in order to reach 0.7080 then 0.6900. The dollar is losing strenght against all currencies for weeks but a short-term reaction should happen soon.
Inversely of my thinking in my previous post about the NZUSD, I'm now thinking that the NZUSD is continuing its journey to higher prices on the long term. The break trough the neckline on 0.70800 did not happen and from there it is now above its previous top (72983). The iSHS target(3) from the previous wave is 73352, and negative diversion on the RSI is clearly...
June FOMC Minutes Highlights:
- FOMC Minutes: Fed Officials Divided on Rate Path Amid Uncertain Economic Outlook
-FOMC Minutes: Members Said Prudent to Wait for More Labor Market Data, Brexit Vote Before Raising Rates
-FOMC Minutes: Prior to Brexit Vote, Staff Saw Uncertainty Holding Down Investment in U.K.
-FOMC Minutes: Members Judged It Appropriate to...