NZDUSD Price AdvantageNew Zealand has fared better during the coronavirus pandemic than most other countries on the planet giving it an advantage to restart a growth based economy. New Zealand Dollar is well-positioned for more gains, similar to its sister the Australian Dollar
Traders are further net-short than yesterday and last week (acording to IG), and the combination of current sentiment and recent changes gives a stronger NZD/USD-bullish contrarian trading bias.
TARGETS
Intra Day level 0.70978
Level To Reasses Overall Trend 0.7117
