
Lagarde says difficult times have come, and the ECB raised the rate not to cause a recession but to stabilize prices. Read the report to learn the freshest news of the day!
Due to the positive data, the level NZD/USD rose above the resistance at 0.6550. On a daily chart, the pair is testing the resistance at 0.6596 (50-day MA). If the USD gains strength, the price can move below the support at 0.6550. In that case, the next support is at 0.6486.
In addition, Great Britain anticipates the average weekly earnings index in three months to August. It is expected to reach 2.6%. A higher-than-expected level can also support the GBP.
If there’s more news on Brexit uncertainties, the pair will move below the support at 1.3146 downwards to the next support at 1.31 (100-day MA).
Lagarde says difficult times have come, and the ECB raised the rate not to cause a recession but to stabilize prices. Read the report to learn the freshest news of the day!
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