The kiwi basked in the euphoria of the S&P 500 breaking 3000 and broke the 0.6170 resistance. The NZD/USD will remain bid, but analysts at ANZ Bank are cautious and see some risks for the pair. Take a look to our last S&P 500 update Key quotes “As long as the euphoria lasts, NZD will remain bid, but as we noted yesterday, a lot of good news is now priced in and NZD will be under pressure if the mood changes.” “Long-term, we’re concerned about global unemployment, slowing growth and the income shock of that.” “Support 0.6170 Resistance 0.6390” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next The reluctance of the Germans and the Dutch to the eurozone investment fund is incomprehensible – Natixis FX Street 3 years The kiwi basked in the euphoria of the S&P 500 breaking 3000 and broke the 0.6170 resistance. The NZD/USD will remain bid, but analysts at ANZ Bank are cautious and see some risks for the pair. Take a look to our last S&P 500 update Key quotes “As long as the euphoria lasts, NZD will remain bid, but as we noted yesterday, a lot of good news is now priced in and NZD will be under pressure if the mood changes.” “Long-term, we’re concerned about global unemployment, slowing growth and the income shock of that.” “Support 0.6170 Resistance 0.6390” Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
