Hope you all have a great weekend, last friday was crazy for me!
With USD strength (supposedly) I believe NZDUSD will trade higher this week. It is the best bet compared to the other EUR or GBP pairs.
Technically, price bounced off the long term up quite nicely and even after the USD news last week, it didnt break down, showing its strength. I am looking for it to target the recent highs.
Fundamentally, investors are looking for yield and this will defenitly show as NZD is one of the more high yielding pair compare to the majors.
I look to buy around 0.7260.
All the best and trade safe guys.
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