Possible setup here on a technical basis.
Daily trendline
Resistance off the current area of supply
Fundamentals weak for NZD, slgihtly strong for USD
Daily trendline
Resistance off the current area of supply
Fundamentals weak for NZD, slgihtly strong for USD
Kommentar:
Fundamentals no longer in favour, i have an opposite conviction now that NZD will long
Kommentar:
RBNZ statement dovish, likely see a long term down trend in NZD now after the statement. Future scheduled releases likely to be bearish
Kommentar:
Various NZD negative news pushing the position further
Kommentar:
Trade taken just about 2 months to materialize
Trade geschlossen: Ziel wurde erreicht