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ToniSignals
Aug 18, 2021 5:15 AM

NZD/USD Signal - RBNZ Rate Decision - 18 Aug 2021 Short

New Zealand Dollar/U.S. DollarFXCM

Description

NZDUSD is trading to the downside today as the RBNZ were expected to raise interest rates but held them instead. Technically the pair has created a large wick shadow to the downside and we anticipate the pair to continue to the downside and fill this wick.

Trade closed: target reached

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