Today Chart - EURNZD, USDCAD
Today Chart - EURNZD, USDCAD
EURNZD
Rates in NZ and Australia are on hold for longer than the market thinks, and that the risks are of cuts and not hikes. NZD is not longer bullish, price is above SMA 200 and SMA 20 on D1, it is likely to go higher to test the resistance (BlueLine).
USDCAD
Important zone, if it breaks this support zone, it might go lower for this pair. Also pay attention to news(Oil).
Today we have BoE Interest Rate Decision and Inflation Report.
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