DislikedKiwi weekly very bearish and could be heading to recent monthly/weekly support around 8565 area (23.6fib). If we get a pullback into the 50-76.4 fib weekly cluster resistance area and retest that small broken daily TL, I'll watch PA for a possible ride down to what is also clear support on the daily chart. EDIT: light Blue daily breakout TL could get a second retest at this support {image} {image} {image} {image}Ignored
Recent CPI was slightly under and RBNZ said everything depends on latest data and I suspect they may chill out specially that dairy and logging is taking a beating.
In trading, you have to be defensive and aggressive at the same time