sedemmler

Major NZD/JPY Level In Play

FX:NZDJPY   New Zealand Dollar/Japanese Yen
179 0 0
The pair is at a major level of resistance/support over the last SEVEN years. Good for a shot at a short-term short or a spot to take some profits to reinvest at cheaper levels?

EDIT: FONTERRA just announced a major dividend cut and reduced forward guidance. That's a pretty big deal. FONTERRA is to NZ             what mining is to AU             . Before deciding how to act be sure to give this some serious thought.
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