Very simple analysis on NZD/USD.
Our view is the same as Barclay's Fx desk which is that this pair has a bearish undertone.
The break below the 0.6695 range lows on increased volumes endorses our bearish view. A move below our nearby targets in the 0.6615 area would confirm lower towards 0.6455.
Our view is the same as Barclay's Fx desk which is that this pair has a bearish undertone.
The break below the 0.6695 range lows on increased volumes endorses our bearish view. A move below our nearby targets in the 0.6615 area would confirm lower towards 0.6455.