NZD/USD – Kiwi Dollar Tumbles Post Fed Decision and NZ GDP

Key Highlights The New Zealand Dollar likely made a short-term top near 0.7430 against the US Dollar. The NZD/USD is attempting a close below an important support at 0.7330 on the 4-hours chart. Fed kept the interest rates unchanged, but the central bank’s hawkish tone caught the market attention. New Zealand Gross Domestic Product in Q2 2017 increased 0.8%, sim...
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NZD/USD – Monster Bullish Break Sighted For NZD on Weekly Chart

Key Highlights The New Zealand Dollar after forming a base near 0.6850 against the US Dollar started an uptrend. The NZD/USD pair has cleared two important bearish trend lines on the weekly chart at 0.7150 to signal a major bullish trend. Today in New Zealand, the Gross Domestic Product for Q1 2017 released by the Statistics New Zealand posted an increase of 0.5%. ...
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