workingtraders

$GBPNZD Hits weekly support holding+ Strong daily base

Long
FX:GBPNZD   British Pound / New Zealand Dollar
Looking for valid reason to be short NZD.

We had an interesting headline today :

Morgan Stanley on the Reserve Bank of New Zealand:

RBNZ's "first move to be a 25bp cut in 4Q15, as inflation expectations remain subdued and major trading partners' central banks continue to ease monetary policy"



Technicals on the chart


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