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NZD/USD Price Broke Below 0.68 as Fed Reiterates Hawkish Action

Started by forex4you, Apr 23, 2022, 11:41 am

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Apr 23, 2022, 11:41 am
NZD/USD Price Broke Below 0.68 as Fed Reiterates Hawkish Action

A valid breakdown below the 61.8% could activate a larger drop. False breakdowns below the 61.8% could result in a new bullish momentum. DXY remains bullish despite temporary drops. The NZD/USD price plunges after failing to stabilize above the 0.6800 psychological level. The USD took the lead again as the Dollar Index managed to rebound … Continued


The post NZD/USD Price Broke Below 0.68 as Fed Reiterates Hawkish Action appeared first on Forex Crunch.


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