Join us as we break down the recent drop in the NZD/USD, which was the biggest change in the market.
In this video, we look at the main things that caused the drop, such as the break of the 200-day moving average, weaker price data from Australia, and other important technical breaks.
Learn important things about what these “catalysts” mean and how they might affect future price changes.
The NZDUSD breaks lower and is the biggest mover. What led to the decline? What next?
Mr. Michalowski: do you use Simple Moving Averages or Exponential Moving Averages in your charts? Thanks in advance.