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Apr 25 - 01:55 AM

NZD/USD - Falls More After Friday Nosedive Amid Mass Risk-Off

By Ewen Chew  —  Apr 25 - 12:00 AM
  • NZD/USD tumbles to 2-month low 0.6599 from close 0.6635

  • Bearish after plunge below Ichimoku Cloud, 61.8% Fibo support

  • Break of key chart supports, including 200 DMA, weigh NZD

  • Ichimoku Cloud at 0.6729 will cap near-term relief rallies

  • Mass risk-off in Asia follows Wall St slump; SSEC -2.4%

  • Australia, New Zealand financial markets closed Mon

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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