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NZDUSD On Cusp Of Fresh 1Yr High

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jun 21, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Sitting at a 7-day high, a break above 0.7148 will take the Kiwi to its highest level since June 2015. Currently just 20 bps below this milestone level, an upside break appears imminent. The Kiwi Dollar surged after RBNZ refrained from lowering the cash rate or upping their dovish tone.[​IMG]

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