Kiwi price action looks strong as the USD falters. New Zealand’s handling of COVID-19 looks to be paying dividends in FX markets, analysts at ANZ Bank apprise. Key quotes “NZD/USD has broken above the 0.61 level and price action looks strong.” “It’s mostly a soft USD story as the US COVID-19 death toll surpasses the 20k mark and equities falter.” “The next target is around 0.6350, where the Kiwi spent a lot of time in early March before heading south.” “Support 0.6000 Resistance 0.6170” 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 French FinMin Le Maire: Economy to contract 8% this year FX Street 2 years Kiwi price action looks strong as the USD falters. New Zealand’s handling of COVID-19 looks to be paying dividends in FX markets, analysts at ANZ Bank apprise. Key quotes “NZD/USD has broken above the 0.61 level and price action looks strong.” “It’s mostly a soft USD story as the US COVID-19 death toll surpasses the 20k mark and equities falter.” “The next target is around 0.6350, where the Kiwi spent a lot of time in early March before heading south.” “Support 0.6000 Resistance 0.6170” 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.
