Disliked{quote} There was a reason for that spike and the one on the previous day as well but you need to trade with a historical mindset. We are trading on an old battlefield that is scarred from previous price action, one that has two major hidden gaps. I suggest you revisit February 1999 and March 2003 to see what happen. A gap can be visible or hidden and can be filled with ease but a vacuum zone is a gap that may never be filled - The Algorithm isn't smart enough to know the difference. {image}Ignored
New zealand is one person Central bank . It is not a committee running the central bank.
Sterling Pound flash crash and many other minor crashes are caused by NZ currency without any basis.
If you keep this in mind, you will understand .
Only two currencies can't be moved by NZ flash crashes. Euro and Yen. Rest are vunerable to NZ flash crashes.
Practice makes a person perfect