By IFCMarkets
New Zealand current account deficit decline bullish for NZDUSD
New Zealand’s current account deficit narrowed in the first quarter: the current account deficit narrowed to $1.57 billion in Q1 from 2.77 billion in Q4 when a decline to 1.59 billion was expected. This is bullish for NZDUSD.
| Indicator | VALUE | Signal |
|---|---|---|
| RSI | Neutral | |
| MACD | Buy | |
| Donchian Channel | Neutral | |
| MA(200) | Sell | |
| Fractals | Buy | |
| Parabolic SAR | Buy |
| Order | Buy |
| Buy stop | Above 0.6472 |
| Stop loss | Below 0.6422 |
Market Analysis provided by IFCMarkets