The NZD/USD pair fell slightly during the course of the session on Wednesday, as we continue to consolidate just above the 0.65 handle. The 0.65 handle of
The NZD/USD pair fell slightly during the course of the session on Wednesday, as we continue to consolidate just above the 0.65 handle. The 0.65 handle of course is massively supportive, so we need to break down below there before were comfortable selling this pair for any real length of time. On the other hand though, if we got a rally that show signs of exhaustion, we could consider selling their as well. At this moment, we have no interest whatsoever in buying this market as the US dollar is without a doubt the strongest currency in the Forex world right now.
Being FXEmpire’s analyst since the early days of the website, Chris has over 20 years of experience across various markets and assets – currencies, indices, and commodities. He is a proprietary trader as well trading institutional accounts.
