NZD/USD: general review
By LiteForex - Tue, 02/13/2018 - 08:38
Yesterday and today the pair showed a slight increase. At the same time, NZD remains weak after RBNZ's "pigeon" comments on monetary policy.
Market participants expected strengthening of USD position on Monday, as there were signed agreements on the financing of the US government. However, President Trump made a number of budget proposals for 2019, while ignoring the deficit problem, and at the end of the day, the USD closed with a slight decrease against the majors.
Today, market participants will focus on the speech of Fed member Loretta Meister at 16:00 (GMT+2).
Support and resistance
On H4...Read more here: https://goo.gl/s3vzFv