NZD/USD remains directionless in the short-term
NZD/USD is looking for a clear direction in the short-term, as the technical indicators are showing a neutral stance…
USD/JPY on the way to reach new highs
USD/JPY is following a bullish sequence above the 200 SMA at H1 chart and has already made a rebound above that moving average. Such level coincides with the Fibonacci area of 50% at 112.35, at which the pair is gathering momentum to continue with the bullish path. If it manages to break above September 27th highs, we can expect an advance towards the -23.6% level at 113.66.
RSI indicator is pointing to the upside, as it remains in the positive territory.
Felipe Erazo
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Morning brief for June 2
Today’s news headline is that Trump officially announced the withdrawal of the US from the Paris climate agreement…
Highlights of the ECB meeting and press conference.
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