Japan Machinery Orders (MoM) registered at 10.1% above expectations (2.8%) in April

Jun 11, 2018

NZD/USD: sideways outside of the bearish wedge with geopolitical risks ahead, a warning to bulls

NZD/USD has been moving sideways, resisted by the descending trendline, squeezed out by the rising bearish wedge and starting out the week on the back

Japan Machinery Orders (MoM) registered at 10.1% above expectations (2.8%) in April

NZD/USD: sideways outside of the bearish wedge with geopolitical risks ahead, a warning to bulls

Japan Machinery Orders (YoY) came in at 9.6%, above forecasts (3.9%) in April