NZD/USD Technical Analysis: Kiwi Dollar Down Trend Back in Play?
The New Zealand Dollar may be on the verge of resuming the down trend against its US counterpart after a break of support followed signs of topping below 0.70.
The New Zealand Dollar may be on the verge of resuming the down trend against its US counterpart after a break of support followed signs of topping below 0.70.
The Euro has seemingly halted its decline since early-October, setting the stage for bottoming efforts in several EUR-crosses, including EUR/USD.
We are facing a market that will have to resolve a conflict of historical norms with structural risks. December is known as a quiet month, but the exceptional consistency in volatility throughout 2018 makes range bounds take on a far more ominous apparenance. Beware surprise breaks.