NZD/USD: time for some consolidation before week unfolds new catalysts. NZD/USD: US dollar softness allows the bird to take flight, but 200-M SMA a tough one. NZD/USD is currently trading at 0.6960, consolidating the recovery from 0.6902 lows of last week’s trade post-RBNZ’s dovish hold. NZD/USD has managed a recovery of last week’s RBNZ fuelled […]
The post NZD/USD: RBNZ / US CPI comeback faltering below key 200-M SMA (0.6980) appeared first on Forex Crunch.