I am not smart enough to understand all those economic data and how they relate to the NZDUSD , NZDJPY, NZDAUD, NZDGPB, NZDCAD, NZDCHF , etc and I would not PRETEND to know the economic condition of ANY of those countries or how it affects the pair . And since you brought it up you would also have to check the economic condition in the USA because the chart didn't say the NZD will get strong ,it says the NZD versus the USD will go up . While you are studying all those data I will be making money trading what I see in the chart. Good Luck and good trading.
me too not clear of nzd .. but viewing dxy chart and US data last week was slightly strong i feel downside in nu is there... will be watching for any swing condition in near term.. i might be wrong... after all we all learn from mistake we make !! well most of us
As I said yesterday, the New Zealand economic data do not allow for growth. The next time you have to take into account. I think that quietly break through major support at 0.72 and then further declines. This currency pair in the long term we play for a short time, because New Zealand bank may lower interest.