NZD/USD momentum is supportive for attempt higher

On the 4hr NZD/USD chart, the MACD has moved above zero making the near-term structure supportive for an attempt higher.

Such a momentum indication, unseen for at least for 30 periods, indicates that key price breaks are on the horizon. There is a real threat of NZD/USD rate moving now considerably higher as buyers may get aggressive in the short term.

US Dollar offered below 98.00 on data

The US Dollar Index, which gauges the buck vs. its main competitors, remains on the defensive at the beginning of the week in levels just below the 98
अधिक पढ़ें Previous