14 new Coronovirus cases were reported from Kiwi Land (New Zealand) and PM Jacinda Ardern has been forthright in stating that the covid19 situation in NZ will most likely increase before it slows.
New Zealand’s central bank has also made a rather controversial statement that would like a weaker FX rates. Among other statement it made include the fact that the negative rate is a policy option, but not inevitable.
As a result, NZD/USD has been under pressure and the bears are starting to strengthen their stakes in the scene. The monthly outlook for the pair remains bearish and is seen struggling with a strong resistance level. Unless it crosses the 21-day EMA near 0.660, the pair might revisit the 0.6520 level. The monthly outlook is forecasted as bearish.
تم التحرير 13 Aug 2020, 11:03
إخلاء المسؤولية: الآراء الواردة هنا تعبر فقط عن رأي الكاتب، ولا تمثل الموقف الرسمي لـ Followme. لا تتحمل Followme مسؤولية دقة أو اكتمال أو موثوقية المعلومات المُقدمة، ولا تتحمل مسؤولية أي إجراءات تُتخذ بناءً على المحتوى، ما لم يُنص على ذلك صراحةً كتابيًا.
اترك رسالتك الآن