sedemmler

One of these NZD/JPY levels must die

FX:NZDJPY   New Zealand Dollar/Japanese Yen
9 0 0
RBNZ has hinted at an easier monetary stance; Bloomberg carried a story today suggesting the BOJ is content for now with their monetary stance, which would likely be expressed in the market as Yen strength and Kiwi weakness.

Trends are trends, though. One of these levels must die.
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