EUR/USD at 52 week high
Asia-Pacific stocks lacked firm direction as momentum faded from the record-setting performance on Wall St, where the S&P 500 and Nasdaq printed fresh all-time highs
NZD/USD: 'Double Top' under Moving Averages
Information is not investment advice
There's a local 'Double Top' pattern, which has been formed under the Moving Averages. In this case, we should watch the previously tested support at 0.6712 - 0.6705 as an intraday target. If a pullback from these levels happens thereafter, bulls will probably try to reach the nearest resistance at 0.6772 - 0.6786.
Sergey Logachev
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EUR/USD at 52 week high
Asia-Pacific stocks lacked firm direction as momentum faded from the record-setting performance on Wall St, where the S&P 500 and Nasdaq printed fresh all-time highs
USD bulls try to resist
Fed's Powell said a slowing recovery and a surging pandemic meant the US was entering a "challenging" few months, with the potential deployment of a vaccine still facing hurdles.
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