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Tag - nzd - new zealand dollar

NZD/USD has met resistance

NZD/USD failed to overcome the resistance at 0.6430: yesterday’s close below 0.6385 confirmed the short-term victory of sellers.

NZD/USD: main trend still bearish

There's a 'Double Top' pattern, which has been confirmed, so the price is likely going to test the nearest support at 0.6543 in the short term...

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AUD/NZD looks vulnerable

AUD/NZD has been forming a series of lower highs since April. This week the pair settled below the 100-day MA at 1.0500.

Ways of trading AUD/NZD

Although both the AUD and the NZD suffer versus the USD, it seems that, for now, the Australian currency is a bit stronger than New Zealand’s one.

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