NZD/USD Bearish Channel In Force, NZ CPI On Tap

NZD/USD is a classic “risk-on” currency pairing. While the pair actually rose by about 50 pips over the last two days (primarily due to weakness in greenback), it remains in a longer-term downtrend defined by a 6-month bearish channel.

Video Length: 00:04:08

How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.


Leave a comment to automatically be entered into our contest to win a free Echo Show.