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NZDUSD Technical Analysis - Watch this key level for another big selloff

The strong USD weakness seen after the miss in the US CPI report was completely erased as the US data kept on printing on the hot side with the US Retail Sales Control Group beating expectations by a big margin and the US Initial Claims returning to record low levels. Yesterday, the US PMIs painted a mixed picture with the Services PMI missing expectations, although remaining in expansion, and the Manufacturing PMI jumping from 46.2 to 49.0, almost rising back into expansion. The RBNZ, on the ot... Read More

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Nzdusd

Technical

Analysis

Watch

This

Level

Another

Selloff

Forex

Posted: Jul 25 2023, 09:32

Author Name: forexlive

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