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FairValue

AUDNZD

Long
Australian Dollar / New Zealand Dollar (FX_IDC:AUDNZD)  
FairValue  
FX_IDC:AUDNZD   Australian Dollar / New Zealand Dollar
1
0
Bought AUD NZD 1.0790 TP 1.1285 SL 1.0724

Divergence regarding monetary policy.

AUD - temporary neutral stance with positive sentiment for aud after yesterday RBA statement.
NZD - Markets currently pricing in a potencial rate cut for the coming months.

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