The recent North Korean fiasco has pushed the USD down from the cliff and other related pairs have started gaining buying momentum. NZD has recently respected the daily support level and shoot up after today's North Korean drama. The price on NZDUSD is likely to retest the daily resistance level and have potential to have further upside move. I'm waiting for a discount on price to go long on the pair.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.