By IFCMarkets
New Zealand current account deficit decline bullish for NZDUSD
New Zealand’s current account deficit narrowed in the first quarter: the current account deficit narrowed to $1.57 billion in Q1 from 2.77 billion in Q4 when a decline to 1.59 billion was expected. This is bullish for NZDUSD.
Indicator | VALUE | Signal |
---|---|---|
RSI | Neutral | |
MACD | Buy | |
Donchian Channel | Neutral | |
MA(200) | Sell | |
Fractals | Buy | |
Parabolic SAR | Buy |
Summary of technical analysis
Order | Buy |
Buy stop | Above 0.6472 |
Stop loss | Below 0.6422 |
Market Analysis provided by IFCMarkets