- US retail sales rebounded sharply in January
- US producer prices soar most since 2009
- Gold sinks as dollar surges
NZDUSD pair fell sharply during today's session, however sellers failed to break below the lower limit of the ascending channel. Price is currently approaching strong resistance zone around 0.7207, where 200 SMA (red line) and 50 SMA (green line ) are located. Should break above occur, then another upward impulse towards upper limit of the formation could be launched. On the other hand, if sellers will manage to regain control, the downward move could be extended to the 0,7132 or 0.7102 level. Source: xStation5
Morning Wrap: Global sell-off in the technology sector (13.02.2026)
Daily summary: Silver plunges 9% 🚨Indices, crypto and precious metals under pressure
US100 loses 1.5% 📉
🚨Gold slumps 3% amid markets preparing for Chinese Lunar Year pause