Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
The RBNZ cut interest rates by 50bps as they weigh up global risks. This did come as a slight
shock to the market as we were forecast to see just a 25bps rate cut. The market saw this
as a negative and pushed NZDUSD prices through the key lows. We expect to see further
downside here in this market and will look for short opportunities on retracements.
