General overview: NZD/USD trades on a positive note in the early European session. Price comfortably placed over the 20-day SMA at 0.7018.Broader upward channel reflects the underlying bullish bias. The
Day: August 9, 2021
EUR/USD: Bears are looking are downside momentums.EUR/USD: Bears are looking are downside momentums.
EUR/USD has tumbled down in response to a trio of upbeat US figures and taper speculation. All eyes are on US Nonfarm Payrolls, which could fall short of elevated estimates.