eFX Apex
The Institutional-Grade Data Hub
- Plus: Discretionary Trades
- Edge: Sentiment Trades
- Alpha: Systematic Trades
- Apex: Full Big Data Stream
• NZD/USD -0.1% early Mon, down a cumulative 4.5% from Aug 21 0.5988 high
• Break below 0.5700-05 support zone will trigger slide toward 0.5627 ytd low
• RBNZ Governor Anna Breman scheduled to provide economic update Tue
• 3-day run of JP holidays to impact liquidity in Asia this week
• U.S. & Iran trade fresh threats as Houthis attack Saudi capital Riyadh
• U.S. President Trump to meet CN leader Xi Jinping in Washington this week
• Range NZ 0.57195-24, support 0.5700-05 0.5627, resistance 0.5995 0.6012
NZD Daily 21/55/100-DMA
(James Connell is a Reuters market analyst. The views expressed are his own.)