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NZD/USD: Make or break time as RBNZ rate decision looms

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 9, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    It has been a very interesting day in the financial markets, even though the economic calendar has been light. The stock markets have been very volatile and after an initial bounce, Wall Street has turned red with the major indices breaking some key support levels. In FX, the EUR/USD broke out above last Thursday’s high that was achieved in the aftermath of a ‘disappointing’ ECB policy decision. Stock market investors are worried about the potential impact on emerging markets of a US interest

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