Sospriceaction

NZD/CAD: attention to the interest rate

FX:NZDCAD   New Zealand Dollar/Canadian Dollar
In 30 minutes we will have the statement of the Interest rate for the New Zealand.

NZD / CAD strong shows indecisiveness on the dynamic resistance, going to create a range market in the area 0.97800 / 0.98500.

The return below the dynamic resistance could be a false signal.

Suggested to wait until the release of this important data before working in the market.
Ludovico Reale: financial analyst and owner of www.sospriceaction.com
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