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Nzdusd - H4 chart - Price is at a very good level to jump in head first for a buy trade!! 60 pips stop and a 200 pips target!!
traders, i hope you are all ready for this week of firework - i will be continuing to look at carry trades as we expect some reallocation to the kiwi as investors re-consider the RNBZ outlook. Moreover while futures point toward further upside in this weeks milk auction
as many of you have seen my related idea which will be the long up til .75x levels (see ...
the chances of further rnbz easing this year are over priced 100%, net longs on the kiwi are still light and the carry friendly global environment favours carry trades at interesting entry