NZDUSD: Sideway Volatile Market Type
The pair traded in a range between 0.6700 and 0.6950 as market awaits further clarity on global yield growth.
Focus will be on China's growth projection figure that will be outlined by Chinese Premier, Li Keqiang. Yuan's independence from manipulation will be another focus at China's Two Sessions as any commitment and assurance by the government will signal positive progress for US-China trade talk.
Wait for rejection from support or resistance level for a 1:3 trade plan on daily.
Focus will be on China's growth projection figure that will be outlined by Chinese Premier, Li Keqiang. Yuan's independence from manipulation will be another focus at China's Two Sessions as any commitment and assurance by the government will signal positive progress for US-China trade talk.
Wait for rejection from support or resistance level for a 1:3 trade plan on daily.