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NZD / USD long-term view with limits

NZD / USD long-term view with limits The NZD found support above 0.66500 and managed to consolidate above that level. If we adjust the lower Fibonacci from the previous higher to the higher low, we will see that now the Fibonacci level is 61.8% at 0.67000. Despite the dollar strengthening, the Nzd continues to rise. I think that this will be short-lived due to the Reserve Bank of New Zealand policy, which plans to place its interest rates in the negative zone, if necessary, to stimulate the economy.
The dollar is strengthening today because there is nothing from the financial package for economic recovery before the presidential election. If you are looking for a sell position, you should follow for on the chart to make a lower high below the previous one, which was at 0.68000. It seems  Bullish is short-lived, and the dollar will blow away the NZD.
Covid-19 cases in New Zealand are at a minimum as the country is still lockdown, and last week’s economic news was disappointing, so it should be expected soon that this is reflected in the chart.

AUD/USD trend line as resistance

AUD / USD trend line as resistance Today, the Australian dollar has risen slightly against the US dollar but nothing special. On the upside, we have a trend line that is a good resistance since the Reserve Bank of Austria announced that it would cut interest rates at the next meeting in the negative zone to help the economy recover from the coronavirus’s effects. Covid cases in Australia are at a minimum because the country is a lockdown, while in America, the number of new infections has been declining for the last two days but is still at a high level.
The dollar is currently facing resistance at 93.00, which can push the AUD / USD pair to touch the upper trend line, and whether it will form a new lower high or break the trend line, we’ll see. In the afternoon, we also have economic news from America about New Home Sales, which may give a little volatility to this pair.

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