It's been a pretty choppy week for many markets as traders continue to wait for the US reciprocal tariffs announcement next Wednesday before taking positions with more conviction.
That's what the market is focused on now and all the rest is just short term noise. That catalyst should lead to sustained trends. On the 1 hour chart below, we can see that the NZDUSD pair has just been bouncing around between the 0.5710 support and the 0.5770 resistance.
Traders will likely continue to play the range until we get a breakout on either side but from a risk management perspective, waiting for April 2nd would be the way to go.
This article was written by Giuseppe Dellamotta at www.forexlive.com.Hence then, the article about nzdusd remains stuck in a range as the waiting game continues 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 remains stuck in a range as the waiting game continues )
Also on site :
- Blizzard conditions and tornadoes disrupt travel as winter brings frigid reality check back to the US
- Arrowhead Stadium Worker Reveals 'Beautifully Kind' Gesture From Taylor Swift During Chiefs' Christmas Day Game
- Samsung Plans to Bring Google Photos to Samsung AI TV Lineup, Helping Users Relive Their Favorite Memories on the Big Screen