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

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Signal Details
Entry Price: 
0.6713
Take Profit: 
0.6655
Stop Loss: 
0.6770
Direction: 
Sell
How we trade
Average: 4.5 (2 votes)

NZDUSD has rebounded out of the 0.6740 pivot level prior to NZD current account data. The current account is a recording of net flows of goods and services into and out of New Zealand, with a high reading typically being NZD bullish and a low reading being bearish. Technically the pair is trading below the 0.6740 pivot after finding resistance.

Submitted by Toni H. on Tue, 15 Sep 2020 22:38:45 GMT

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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.

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