i believe NZD/JPY is looking to find support somewhere around here... PURELY FUNDAMENTAL from my perspective but it lines up with the TECHNICALS.
Tonight 7:30PM Est
we have AUD employment change and unemployment rate.. as long as they come in better than expected or at expected numbers, aud is going to spike upwards. Aud/Nzd tend to follow the same path, so if it's bullish for AUD, it's bullish for NZD.
Sunday 4:45 EST before market even opens NZD is reporting retail sales which may lead to a gap just prior to the open which i don't think they'll be to fond of closing.
Tuesday Nov 24th 3PM is the RBNZ Financial Stability Report
ALSO as we have seen TWICE now, any progress into a vaccine has led to the weakening of JPY, GOLD, and put a slight bid to the DOLLAR (which ultimately is a fake out, only because it put a bid into the dollar OVER the yen, meaning dollar is still weak)
Tonight 7:30PM Est
we have AUD employment change and unemployment rate.. as long as they come in better than expected or at expected numbers, aud is going to spike upwards. Aud/Nzd tend to follow the same path, so if it's bullish for AUD, it's bullish for NZD.
Sunday 4:45 EST before market even opens NZD is reporting retail sales which may lead to a gap just prior to the open which i don't think they'll be to fond of closing.
Tuesday Nov 24th 3PM is the RBNZ Financial Stability Report
ALSO as we have seen TWICE now, any progress into a vaccine has led to the weakening of JPY, GOLD, and put a slight bid to the DOLLAR (which ultimately is a fake out, only because it put a bid into the dollar OVER the yen, meaning dollar is still weak)
