USD Strength vs NZD Weakness

29 thg 5, 2019Good morning traders. The London session is well underway this morning. Since the start of the session the USD is gaining points on all pairs whilst the opposite is true for the NZD. The combination of strength and weakness between the two currencies makes the Kiwi Dollar an excellent pair to short.

USD Pairs:
EURUSD -0.08%
GBPUSD -0.16%
AUDUSD -0.20%
NZDUSD -0.35%
USDCHF +0.01%
USDJPY +0.02%
USDCAD +0.17%

NZD Pairs:
NZDUSD -0.36%
NZDCHF -0.35%
NZDCAD -0.19%
NZDJPY -0.33%
AUDNZD +0.15%
GBPNZD +0.20%
EURNZD +0.28%

Monitor the trade closely around support at 0.64795. Otherwise our target is around 0.64563 for a 2:1 Risk-Reward.