EUR/NZD tends to move in steep trends. Currently, it’s in the phase of decline.
Tag - nzd - new zealand dollar
Let’s consider the most important events for the upcoming days.
NZD/USD rose to the highest levels since the start of December.
The pair will be vulnerable for a decline to support at 1.0440.
The pair’s continuing the overall downtrend since October as it breached down the wedge earlier this month.
Find out the key levels for trading the GBP and the NZD ahead of the important releases.
NZD/USD made a confident rebound during the recent two weeks.
Sometimes it’s worth analyzing big timeframes in order to get important trading hints…
Find out how to trade the antipodean currencies on the market sentiment today!
The pair recoiled down from the 50-day MA at 0.6750 and closed below 50% Fibonacci at 0.6715.
The New Zealand dollar has been suffering during the previous week, trading at November's levels. What did result in such a bad performance of the currency?
GBP/NZD has been correcting up since the middle of December.