DislikedHard times to short N, that is proving to be strongest across the board even in the absence of news. Among fundamental reasons sustaining NZD rally could be recent slightly hawkish tone from RBNZ to mantain OCR unchanged at 1.75 (i.e. no short-term rate cut), slowdown of tensions between USA and China, but I struggle to understand why AUD doesn't get the same benefits despite data coming out decent. For all N pairs we are close to extreme values, let be prepared when true sign of reversal will appear. {image}Ignored
If you can't play golf you have a job, if you can't trade you play golf...