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  • NZD/USD set to race higher towards the 0.7462/0.7559 long-term pivot - Commerzbank
Ekonomické zprávy
19.10.2021

NZD/USD set to race higher towards the 0.7462/0.7559 long-term pivot - Commerzbank

FXStreet reports that Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, expects NZD/USD to rally to the 0.7462/0.7559 long-term pivot.

“NZD/USD yesterday broke above the 2021 downtrend and its 200-day ma and its 55-week ma at 0.7101/04, this was one tough nut to crack and the break above here should lead to some further dollar weakness.”

“Target 0.7462/0.7559 long-term pivot.” 

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