NZD/USD | New Zealand Dollar to US Dollar Trading Analysis

NZD/USD | New Zealand Dollar to US Dollar Trading Analysis

Written by: PaxForex analytics dept - Monday, 23 March 2020 0 comments

NZD/USD continues to be traded around historical lows, although the asset has already shown some consolidation area. This could mean that the medium-term downtrend is over and most likely that traders are starting to accumulate buy positions.

NZD/USD, 30 min

Pivot - 0.5670