NZDUSD trades to highest level since January 4 ...Middle East

The NZDUSD has moved higher after the surprising ANZ business outlook index which moved to the highest level in over 10 years. The Own Activity index moved to the highest level in 7 years. Looking at the daily chart, the swing high from January 4 reached 0.62853. The high price today just reached 0.62849, and has backed off a touch. Getting above that level would open the door for further upside momentum.In trading last week, the pair traded above and below a ceiling area between 0.6214 and and 0.6221. On Tuesday this week, the price extended higher, and yesterday, the swing low retested the high of the swing area near 0.6221 and found willing buyers. The pair closed at 0.6243 yesterday.

Hence then, the article about nzdusd trades to highest level since january 4 was published today ( Thursday 29/08/2024 - 04:58 AM ) 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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Last updated : 29 August 2024 clock 04:58 AM

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NZDUSD trades to highest level since January 4 ...Middle East

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