The USD is the strongest and the CHF is the weakest
US final GDP for 2Q -31.4%% vs -31.7% estimate
NZD/USD: pair to reach previously tested support
Information is not investment advice
There's a 'Triple Bottom', which pushed the market higher, so all the Moving Averages have been broken. Also, we've got a bullish 'Pennant' pattern. However, there's a local 'V-Top' pattern, so the market is likely going to reach the previously tested support at 0.6813. If a pullback from this level happens afterwards, we should watch the already reached resistance at 0.6882 - 0.6892 as an intraday bullish target.
Sergey Logachev
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The USD is the strongest and the CHF is the weakest
US final GDP for 2Q -31.4%% vs -31.7% estimate
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EUR/CAD: a considerable drop
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