workingtraders
Short

$NZDUSD - Weak CPI Points to pair will stay range bound

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Technicals on the chart.

Fundamental thoughts.

- two consecutive quarterly falls for CPI             data and petrol price had a decline of nearly 10%
- milk dairy prices on the decline
- Looking RBNZ to set a dovish tone in the near future.
- USD Rate hikes around the corner.


Reasons listed, I would safely say the pair will stay range bound.
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out