NZDUSD HEADING TO 0.7950 FOR 1100 PIPS MEDIUM TARGET ZONE
THE RBNZ AND THE FED MANAGED THE WIDTH OF MEDIUM TERM TARGET ZONE ON NZDUSD FOR 16 % (0.6270-0.7320) AND UNDERTOOK MARKET STERILIZATION TO SLOWER THE STRENGTHENING OF NZD BY MANAGING THE NZDUSD DOWN TO CENTRAL BAND/CENTRAL PARITY AT 0.6850. AT CENTRAL BAND, THE PAIR RESUMED TO UPWARD AND WILL VISIT THE LEVEL OF 0.7950 ESTIMATED UPPER MEDIUM TERM BAND OF CURRENT MEDIUM TERM TARGET ZONE.
THIS REVISION IS MADE TO THE PREVIOUS ANALYSIS ON THE NZDUSD AS LINKED TO THIS ANALYSIS.
LONG THE CURRENT RATE AN D TO MANAGE THE STOP LOSS BELOW THE LOWER MEDIUM TERM BAND 0.6850 TO TARGET THE 0.7950 OBLIGATES THE HOLDING OF WIDER STOP LOSS. OTHER ALTERNATIVE HOWEVER IS TO LOOK FROM NZD’S DERIVATIVES BY THE CURRENT TARGET ZONE’S DIFFERENTIALS.
HIGH FREQUENCY TRADE FOR LONG/LONG/LONG/LONG ON THE DAILY LOW/HIGH, WEEKLY LOW/HIGH, MONTHLY LOW/HIGH AND QUARTERLY LOW/HIGH BY THE CURRENT OBLIGATION TO MANAGE STOP LOSSES CONSISTENTLY AT 0.6850 (TOO WIDE TO HOLD). MANAGING THE STOP LOSSES INTERIOR THE MEDIUM TERM BAND SUBJECT TO THE WILLINGNESS FOR DONATION TO THE COUNTER PARTY TO TRADE.
TECHNICAL CHART ALWAYS CREATE PROBLEM FOR ASSESSING AND MEASURING THE WIDTH OF THE SHORT AND MEDIUM TERM TARGET ZONES WITH MISTAKE MADE ON THIS NZDUSD.
THIS REVISION IS MADE TO THE PREVIOUS ANALYSIS ON THE NZDUSD AS LINKED TO THIS ANALYSIS.
LONG THE CURRENT RATE AN D TO MANAGE THE STOP LOSS BELOW THE LOWER MEDIUM TERM BAND 0.6850 TO TARGET THE 0.7950 OBLIGATES THE HOLDING OF WIDER STOP LOSS. OTHER ALTERNATIVE HOWEVER IS TO LOOK FROM NZD’S DERIVATIVES BY THE CURRENT TARGET ZONE’S DIFFERENTIALS.
HIGH FREQUENCY TRADE FOR LONG/LONG/LONG/LONG ON THE DAILY LOW/HIGH, WEEKLY LOW/HIGH, MONTHLY LOW/HIGH AND QUARTERLY LOW/HIGH BY THE CURRENT OBLIGATION TO MANAGE STOP LOSSES CONSISTENTLY AT 0.6850 (TOO WIDE TO HOLD). MANAGING THE STOP LOSSES INTERIOR THE MEDIUM TERM BAND SUBJECT TO THE WILLINGNESS FOR DONATION TO THE COUNTER PARTY TO TRADE.
TECHNICAL CHART ALWAYS CREATE PROBLEM FOR ASSESSING AND MEASURING THE WIDTH OF THE SHORT AND MEDIUM TERM TARGET ZONES WITH MISTAKE MADE ON THIS NZDUSD.
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