NZD/USD From 0.59058: Advance Builds
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Fundamental Calendar UTC Currency Event Impact Actual Consensus Previous 10 Aug 14:00 UTC USD Employment Trends Index ETI MEDIUM 106.69 11 Aug 10:00 UTC USD NFIB Index of Small Business Optimism Small Business Idx MEDIUM 97.2 97.4 Desk Interpretation NZDUSD is trading near 0.58947 with a directional but not yet free of two-way risk profile; the market is asking whether the latest move has enough acceptance to become continuation. Price is holding above the daily pivot at 0.58852, which keeps the first read tilted toward resistance pressure rather than support repair. The working support band is 0.58846 / 0.58763 / 0.58675, while the resistance band is 0.59058 / 0.59163 /...
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