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

NZD/USD Signal - USD Housing Price Index - 29 Jun 2021

You are here

Signal Details
Entry Price: 
0.7046
Take Profit: 
0.6977
Stop Loss: 
0.7089
Direction: 
Sell
How we trade
Average: 5 (1 vote)

NZDUSD is trending to the downside today prior to the USD Housing Price Index, which shows the growth in the US housing market. Technically price has broken an ascending trendline, and is below the 50 hour moving average. We anticipate continued downside into the 0.6977 level.

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.