Technicals

Add as a preferred source on Google

NZD/USD eyes 2015 low on broad based USD strength

Source: Thomson Reuters NZD/USD sets new short-term trend low & 2015 low eyed on broad based USD strength Bears press pre-RBNZ; Expecting a dovish lean, caution needed Wheeler might stay neutral, possible bears might be …

1 min read
NZD/USD eyes 2015 low on broad based USD strength
Image from the original EconoTimes article

Read the original article

Source: Thomson Reuters


  • NZD/USD sets new short-term trend low & 2015 low eyed on broad based USD strength

  • Bears press pre-RBNZ; Expecting a dovish lean, caution needed

  • Wheeler might stay neutral, possible bears might be disappointed 

  • If RBNZ takes RBA path & leans on the USD side of the equation, a brief short squeeze may ensue

  • If RBNZ dovish sub-0.70 eyed, > 0.7600/30 eases bear pressure 

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560