Note

NZD/USD

· Views 511

For the NZD/USD pairing. The bulls broke past the 0.6600 key resistance (made up of lows from late August and September 09). This favor the buyers to aim for 50-day SMA level of 0.6637.


Markets remain cautious as the US presidential election is going on at time of writing, while also waiting to see the US GDP data and further updates for fiscal stimulus. 

Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.

FOLLOWME Trading Community Website: https://www.followme.com

If you like, reward to support.
avatar

Hot

No comment on record. Start new comment.