NZD 0.00% 1.6166 new zealand dollar

Ascending channel, page-39

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,317 Posts.
    RBNZ meets tomorrow. Rates expected to stay on hold. Then the next day Aussie unemployment figures come out. So it could be a big week for the pair. Technically A/N looks reasonably strong. However to me it's current level seems the top of the channel and it needs some macro events to push it higher. I'm favouring downside from here because I can't see the fundamentals changing that much to push it higher.
 
watchlist Created with Sketch. Add NZD (FOREX) to my watchlist
NZD (FOREX) Chart ?
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.