Free Trial

NZDUSD earlier found support ahead of..........>

KIWI
KIWI: NZDUSD earlier found support ahead of $0.6680, supported by the 14-day RSI
in oversold territory. Recovery efforts have so far failed to reclaim the
$0.6700 level, a break of the Asia high ($0.6720) opens long term downtrend
resistance off the Apr13 high at $0.6730. A close above here would shift outlook
back to neutral, targeting the Jul26 high at $0.6851 and 100-dma at $0.6920.
Kiwi last $0.6698. 

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.