NZD - BEARISH
1️⃣ Troubling Covid-19 trends as US President Joe Biden signed 10 executive orders aimed at jump-starting his national COVID-19 strategy to increase vaccinations and testing as the country continues to struggle with the pandemic.
2️⃣ European Central Bank President Christine Lagarde warned the virus continues to pose a serious risk after policy makers voted to keep pumping unprecedented amounts of stimulus into the economy.
3️⃣ The BusinessNZ Performance of Manufacturing Index sank to 48.7 in December, as rising COVID-19 uncertainty and a slow global vaccination program dented sentiment.
CHF - BULLISH
1️⃣ The negative risk tone support the safe-havens CHF.
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Technical
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We are looking to sell the NZDCHF at SBR + below SMA 50 on the H1 chart.
1️⃣ Troubling Covid-19 trends as US President Joe Biden signed 10 executive orders aimed at jump-starting his national COVID-19 strategy to increase vaccinations and testing as the country continues to struggle with the pandemic.
2️⃣ European Central Bank President Christine Lagarde warned the virus continues to pose a serious risk after policy makers voted to keep pumping unprecedented amounts of stimulus into the economy.
3️⃣ The BusinessNZ Performance of Manufacturing Index sank to 48.7 in December, as rising COVID-19 uncertainty and a slow global vaccination program dented sentiment.
CHF - BULLISH
1️⃣ The negative risk tone support the safe-havens CHF.
=====
Technical
=====
We are looking to sell the NZDCHF at SBR + below SMA 50 on the H1 chart.