nice long to NZD/USD
1. Buy 0.8148 ( Tp 0.8240 )
2. Buy.0.8175 ( TP 0.8265 )
3. Buy 0.8235 ( TP 0.8295 )
Wait short
1. Buy 0.8148 ( Tp 0.8240 )
2. Buy.0.8175 ( TP 0.8265 )
3. Buy 0.8235 ( TP 0.8295 )
Wait short
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DislikedNZDUSD broke through the .8265 level with some momentum .83 is the next test after that .8335 and .8365
Fundamentally not so sound but traders seem to want to flirt with .84 -.85 levels
The RBNZ will need to raise rates this year towards 4% to offset these inflationary pressures but left it at 2.5% for now. Perhaps the kiwi is getting a little ahead of itself?Ignored