Daily Market Analysis 30|06|2020: NZDUSDJune 30, 2020 2020-06-30 12:28
Daily Market Analysis 30|06|2020: NZDUSD
Sell if price trades above 0.63925 with take profit at 0.63788.
Buy position is envisaged if price trades above 0.64051 with take profit at key level 0.64227.
Feds chair Powell Testifies (USD) 5:30pm
Comment: The Kiwi has been ranging against the USD from a strong support to a strong resistance on the H1. The pair is expected to keep moving within the support and resistance until there is a major fundamental that would cause a breakout. We expect the Fed chair’s testimony at 5:30pm to make a huge sway in the market but till then a buy is in place.
Analysis: SCRUM Team