SBCM

Time to Buy AUDNZD Again

Long
FX:AUDNZD   Australian Dollar / New Zealand Dollar
Even bigger buy opportunity incoming than we had on Monday.

Eventually I'm looking for a breakout of 1.1060 to head up to 1.1210.

Once we get there I will re analyze.

It could dip as far as 1.09 today but I think there will be HUGE demand in the lows 1.09s.

Currently RBNZ press conference. I'm not listening but I'm willing to bet they are discussing forward guidance towards rate cuts.
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