HSBC issued a recommendation for the NZDUSD currency pair.
HSBC recommends taking a short position on the pair with following levels:
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Create account Try a demo Download mobile app Download mobile appEntry (market): 0.5935
Target: 0.5800
Stop: 0.6090
HSBC recommends taking a short position on NZDUSD at market price with a target of 0.5800 and a stop loss order placed at 0.6090. Source: xStation5