NZDUSD briefly fell to lowest levels since May 2020 during today's session, as hawkish FED and new covid lockdowns in China weighed on risk-sensitive currencies. At the same time RBNZ Gov. Orr recently stated that the New Zealand economy is unlikely to experience a technical recession following release of the second quarter GDP figures, which may herald a more dovish approach. Pair may experience higher volatility after the release of the NFP report at 1:30 pm BST. From a technical point of view, the pair is testing a major support zone around 0.6065, which is marked with previous price reactions and lower limit of the 1:1 structure. In case the aforementioned support zone is broken, downward move may deepen towards the lower limit of the descending channel.
NZDUSD, D1 interval. Source: xStation5
Chart of the Day: USDJPY Caught in a Trap. Tokyo Intervention and a Hawkish BoJ Loom
การประชุม Fed เดือนตุลาคม และประเด็นสำคัญที่ต้องจับตา
Economic Calendar: จับตาความเชื่อมั่นผู้บริโภคสหรัฐฯ และตัวเลขเศรษฐกิจสำคัญ
วอลล์สตรีทฟื้นตัวรับข่าว Anthropic ขณะที่ตลาดเอเชียพุ่งแรง