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NZDUSD maybe rallying a bit for the last couple of weeks but it is not out of the woods yet. The recent recovery in major stock market indices across the world has lent some support to risk assets like NZD.
However, a sustainable rally looks far-fetched here. NZDUSD may rally up to the 0.62 level where it will face some strong resistance.
I believe in selling the rallies in NZDUSD.
NZDUSD maybe rallying a bit for the last couple of weeks but it is not out of the woods yet. The recent recovery in major stock market indices across the world has lent some support to risk assets like NZD.
However, a sustainable rally looks far-fetched here. NZDUSD may rally up to the 0.62 level where it will face some strong resistance.
I believe in selling the rallies in NZDUSD.
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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.
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.