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NZDUSD reversed from key resistance level 0.6200 Likely to fall to support level 0.6100 NZDUSD currency pair recently reversed down from the key resistance level 0.6200 (which has been reversing the price from February). The resistance level 0.6200 was strengthened by the upper daily Bollinger Band and by the 61.8% Fibonacci correction of the previous […]

The post NZDUSD Wave Analysis appeared first on Action Forex.

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02/07/2024

Australian Dollar Eyes Retail Sales

The Australian dollar has posted slight losses on Tuesday. AUD/USD is trading at 0.6649 in the European session, down 0.15% on the day. Australian retail sales expected to improve Australian consumers have been in frugal mood and have reduced their discretionary spending. Consumers have been squeezed by high borrowing costs and the high cost of […]
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