NZD/USD Strength Watch From 0.59208

Research preview

NZDUSD News And Catalyst Brief The external news flow is useful here because it clusters around around inflation, dollar direction, and growth data. NZDUSD has a balanced headline read, with inflation data and growth releases setting the volatility backdrop. Final bias: neutral until price accepts a level outside the current pivot range. This improves the context, but follow-through still depends on price holding the relevant support or resistance area. New zealand's food price inflation index rose 0.1% in july from the previous month – stats nz new zealand's seasonally adjusted electronic card retail sales rose 1.3% in july from the prior month, with actual sales up 3.4% from a year...