NZDUSD rebounds from support and eyes upside momentum ...Middle East

forex live - News
NZDUSD rebounds from support and eyes upside momentum
The NZDUSD moved lower with the USDs run higher, but has snapped back higher after testing the high of a swing area going back to the end of July early August between 0.6104 and 0.6117 (see red numbered circles on the chart below). The low price reached 0.6118 and bounced back higher. We are currently trading at 0.6166. Recall the NZDUSD moved higher earlier this week after the RBNZ kept rates unchanged but was more hawkish. The price extended above the 61.8% retracement of the move down from the July high to the October low. That level came in at 0.6167, but yesterday the price moved back below the 61.8% retracement and has traded above and below that technical level in trading today.The fl

Hence then, the article about nzdusd rebounds from support and eyes upside momentum 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.

Read More Details
Finally We wish PressBee provided you with enough information of ( NZDUSD rebounds from support and eyes upside momentum )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in News