zulle6716
Long

Long NZDCAD @0.9400 Stop @0.9310 Target @0.9600

FX_IDC:NZDCAD   NEW ZEALAND DOLLAR / CANADIAN DOLLAR
69 0 4
RBNZ's Wheeler basically removed the possibility of September's rate cut in his statement this morning.

Market is discounting any possibility of a freeze production agreement in Algeria next month.

Technical: daily pivot and 38.2% retracement level
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