Sorry, you need to enable JavaScript to visit this website.

NZD/USD Signal - NZD Current Account - 16 Dec 2020

You are here

Signal Details
Entry Price: 
0.7087
Take Profit: 
0.7136
Stop Loss: 
0.7053
Direction: 
Buy
Result: 
Profit
How we trade
Average: 5 (1 vote)

NZDUSD is trending to the upside today having broken above the 0.7074 pivot after the NZD Current account data release. The data shows a net flow of current transactions, including goods, services, and interest payments into and out of New Zealand, and came out positively above expectations. Technically the pair is above the 30m 50 moving average and we anticipate further upside into the 0.7136 level.

How good is your forex broker? Find out with Tradeproofer's FREE Mt4 software!

Live Broker Spreads

Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.