Welcome Guest:
Sign Up
Derived real-time data in partnership with:
Thomson Reuters
Jun 28 - 11:00 PM
NZD/USD - , NZD/JPY Plumbing Trend Lows, Bias Down
First appeared on eFXplus on Jun 28 - 08:45 PM

  • NZD under pressure going into/after this week's RBNZ policy announcement.
  • Dovish stance, bearish stance towards economy pressuring NZD lower.
  • NZD/USD to 0.6747 yesterday, NZD/JPY to 74.40, today 0.6747-62, 74.55-70.
  • Both technically weak/look to move lower - NZD/USD towards 0.6676 June '16?
  • NZD/JPY to move initially towards November '16 low of 73.69.
  • Some support eyed at big figures ahead - NZD/USD 0.6700, NZD/JPY 74.00.

NZD/USD: Click here

NZD/JPY: Click here

Source:
Thomson Reuters IFR Markets

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About Us
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
!