NZD/USD – New Zealand Dollar Remains in Downtrend Vs US Dollar

Key Highlights The New Zealand Dollar recently fell below the 0.6900-0.6880 support area against the US Dollar. There is a crucial bearish trend line forming with resistance at 0.6850 on the 4-hours chart of NZD/USD. New Zealand’s Visitor Arrivals in Oct 2017 increased by 3.9% (YoY), more than the last +3.1%. The US Existing Home Sales in Oct 2017 increased 2% (...
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