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NZD Rallies of Stronger-Than-Expected Jobs Data

NZD

The beat in NZ Jobs has caused the NZD to surge higher.

  • The NZD/USD is 0.65% higher at 0.5987, and has broken back above the previous weeks highs and the 20-day EMA.
  • The AUD/NZD has dropped 0.57% to 1.0887, we now trade just above the recent lows of 1.0850 made on Aug 5th, with a break here would open a move to 1.0800
NZDUSD Breaks 20-Day EMA

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The beat in NZ Jobs has caused the NZD to surge higher.

  • The NZD/USD is 0.65% higher at 0.5987, and has broken back above the previous weeks highs and the 20-day EMA.
  • The AUD/NZD has dropped 0.57% to 1.0887, we now trade just above the recent lows of 1.0850 made on Aug 5th, with a break here would open a move to 1.0800
NZDUSD Breaks 20-Day EMA