New Zealand business confidence hits 14-year highs

The NZD has jumped this morning after very strong business confidence data. AUD/NZD is back below 1.0800 and those trying to pick a top in the NZD are having a tough time of it.

NZD/USD will run into some solid technical resistance near .8415 (see chart) prior daily highs.

  1. Yesterday, I suggested bullishness of nzd and just panned out as thought.nost difficult pair to trade. I know you hate nzd pair and don’t trade too. Ichimuko charts suggests 0.8440 at vicinity and probably be tested.

Leave a Reply

Your email address will not be published. Required fields are marked *