NZD was hit hard after ANZ Activity outlook fell to -1.8 (lowest since 2009) and business confidence fell to -53.5 (lowest point since 2008).
We like selling NZDUSD in the 6270/80 area looking for a break of recent lows, which would open up further downside towards 6200.
We like selling NZDUSD in the 6270/80 area looking for a break of recent lows, which would open up further downside towards 6200.
Join over 42,000 traders and get the Forex Course for Smart Traders - 17 in-depth lessons - always 100% free at MarketMates.
Disclaimer
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.
Join over 42,000 traders and get the Forex Course for Smart Traders - 17 in-depth lessons - always 100% free at MarketMates.
Disclaimer
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.