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NZD/USD Forex Trading Signals
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[QUOTE="AmeliaChong, post: 117251, member: 39840"] The New Zealand remains subdued against its American counterpart in the Asian trades, with NZD/USD now meandering near fresh multi-month troughs. Currently, the NZD/USD pair trades modestly flat at 0.6926, flirting with six-month lows reached at 0.6923 last minutes. The Kiwi extends its downward spiral into a fifth day today, as divergent monetary policy outlooks between the Fed and RBNZ continue to exert bearish pressure on the NZD. [B]Ultimately, in Forex Market, NZDUSD is going down.[/B] [B]Our Recommendation:[/B] SELL NZDUSD 0.6980 TARGETS 0.6950 0.6920 STOPLOSS 0.70.25. [B]BOOK PROFIT IN NZDUSD AT 0.6957[/B] [B]Stay updated with Forex Trading Signals to make profitable investments with Multi Management & Future Solutions.[/B] [/QUOTE]
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