NZDUSD 2017-12-22 Intra-day analysis.

Catalonia vote dents sentiment in the euro

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NZDUSD 22.12.17

NZDUSD intra-day analysis

NZDUSD (0.7016): The New Zealand dollar continues to consolidate around the 0.7000 level. Following the decline to 0.6950, the NZDUSD is attempting to retest the previous highs. A breakout above this level could suggest further gains with 0.7100 coming into focus. However, failure to breakout above the previous highs could suggest a near term correction. Support at 0.6917 could be tested in the short term ahead of further gains.

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John has over 8 years of experience specializing in the currency markets, tracking the macroeconomic and geopolitical developments shaping the financial markets. John applies a mix of fundamental and technical analysis and has a special interest in inter-market analysis and global politics.

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John has over 8 years of experience specializing in the currency markets, tracking the macroeconomic and geopolitical developments shaping the financial markets. John applies a mix of fundamental and technical analysis and has a special interest in inter-market analysis and global politics.

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