Banker928
Short

EURNZD POST NZD GDP

FX:EURNZD   Euro Fx/New Zealand Dollar
156 0 2
The ECB is expected to become more doveish in the near term... While the RBNZ is expected to be hiking rates soon. Ceiling on this pair is 1.6800 with plenty of room for the downside. This is a positive caryy trade too for extra bonus. Techinically we have a rising wedge which is looking to breakdown next week or first week of January.