EURNZD: Long as initial interest rates whipsaw fades off

As initial impact of the interest rates change fades off, I do think that there is some upside potential. The price vacuums were created on the way where we are now. They are easier to see on X/O charts.


These areas have a lot of liquidity that the big traders like to reach for. But it is a downtrend for the long-term nevertheless. Interest rates matter!