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NZD/USD clears overhead resistance

The NZD/USD 200-SMA, immediate resistance on 4-hour chart, was cleared in recent trading.

Quoting below this dynamic hurdle for multilple sessions, NZD/USD is now targeting the 800-SMA on the upside.

Divergences pose downside risks to AUD - Scotiabank

Eric Theoret, CFA, CMT FX Strategist at Scotiabank explained that a divergence in market pricing of central bank policy risk for CAD, AUD and NZD has emerged, presenting upside risk for CAD, balanced risk for NZD, and downside risk for AUD heading into next week’s RBA decision.
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USD/RUB exhibiting Golden Cross

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