AUD/NZD met the resistance of the 50-week MA in the 1.0700 area.
Tag - nzd - new zealand dollar
Crucial events for AUD, CAD, JPY, and USD.
Last week NZD/USD made a significant thrust to the downside.
AUD/NZD experienced an impressive rally since the end of March.
We should watch the previously tested support at 0.6712 - 0.6705 as an intraday target...
This month EUR/NZD broke the downtrend resistance line which was in place since the start of January.
It's likely that the pair is going to test the closest resistance at 0.6756 - 0.6772 in the short term...
NZD/USD closed last week below the declining 50-week MA (0.6765).
There's a new local low and we have no any bearish pattern so far. In this case, the market is likely going to achieve...
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Find out the opportunities for the EUR/USD and the NZD/USD pairs.
It looks like the fall is still unfinished and the NZD may fall to the support line.