NZD/USD is rebounding from 2020 lows as the spot is challenging the 0.6330 resistance. Fed cuts policy rate by 50 basis points to 1%-1.25% in an emergency move. NZD/USD daily chart Kiwi/Dollar is trading in a bear trend while bouncing from the 2020 lows as the quote is below the main SMAs. However, the USD selloff could lead to more gains especially on a break above the 0.6330 level which could lead to a potential advance towards the 0.6385 and 0.6450 levels. Support is seen near the 0.6250 level and the 0.6200 figure. Additional key levels 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 US Pres. Trump says he expects $8.5B emergency coronavirus funding bill FX Street 3 years NZD/USD is rebounding from 2020 lows as the spot is challenging the 0.6330 resistance. Fed cuts policy rate by 50 basis points to 1%-1.25% in an emergency move. NZD/USD daily chart Kiwi/Dollar is trading in a bear trend while bouncing from the 2020 lows as the quote is below the main SMAs. However, the USD selloff could lead to more gains especially on a break above the 0.6330 level which could lead to a potential advance towards the 0.6385 and 0.6450 levels. Support is seen near the 0.6250 level and the 0.6200 figure. Additional key levels… 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.
