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

NZD/USD Signal - USD 4 Week Bill Auction - 15 Jul 2021

You are here

Signal Details
Entry Price: 
0.7012
Take Profit: 
0.7079
Stop Loss: 
0.6975
Direction: 
Sell
How we trade
Average: 4.2 (6 votes)

NZDUSD is trending to the upside currently prior to the USD 4 week bill auction, which reveals the yield on the bill. Technically the pair has broken the bearish structure, and is testing the moving average ribbon as support. We anticipate continued upside into the 0.7079.

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.