Dukascopy Bank Team
Dukascopy Bank SA
NZD/USD
The New Zealand Dollar has surged by 54 basis points or 0.82% against the US Dollar on since Wednesday's trading session. The 100– hour SMA pressured the currency pair higher on Wednesday.
Everything being equal, the NZD/USD exchange rate could continue to edge higher within this session. The possible target for bullish traders would be at the 0.6620 level.
The currency exchange rate could make a retracement from the psychological level at 0.6600 in this session.
This overview can be used only for informational purposes. Dukascopy SA is not responsible for any losses arising from any investment based on any recommendation, forecast or other information herein contained.
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