AI
Wednesday, January 09, 2019 9:50:13 AM
NZD/USD: Review & Forecast
The NZD doesn't have enough support for strengthening. The deals to SELL seem to be the most effective at the moment.
The rates continue within the downtrend in favor of the USD. The New Zealand dollar continues to be under pressure due to the economic downturn in New Zealand and the trade conflict between China and the USA, which affected the NZD most as a commodity currency.
More information see here
https://superforex.com/analytics/nzd-usd-review-forecast-090119/?x=FORUMS
The NZD doesn't have enough support for strengthening. The deals to SELL seem to be the most effective at the moment.
The rates continue within the downtrend in favor of the USD. The New Zealand dollar continues to be under pressure due to the economic downturn in New Zealand and the trade conflict between China and the USA, which affected the NZD most as a commodity currency.
More information see here
https://superforex.com/analytics/nzd-usd-review-forecast-090119/?x=FORUMS
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