Today, the , NZDUSD is up 1.22%, making it one of the top performers against the USD, alongside AUDUSD. Stocks moving higher is helping the risk-on sentiment . Technically, the pair has reclaimed ground above the swing area between 0.5581 and 0.55918, further strengthening the short-term bullish bias. That area will now be close support. Staying above gives the buyers more hope for further momentum
? Key levels:
Resistance: 0.5647 (low price from March 31), 0.57099–0.57225 (MA cluster), then 0.5838 (38.2% retracement)
Bias: Bullish short-term above 0.55918
This article was written by Greg Michalowski at www.forexlive.com.Hence then, the article about nzdusd reverses sharply after false breakdown leads major fx gains vs usd was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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