NZDUSD is gonna go up this week, seeing that it broke a long lasting trend line and aditionally formed a new one at the 1hr charts. needles to say NZ02Y has shown that it will go up, meaning that NZD´s Bond prices will drop...
New Zealand Government Bonds Yield 02
New Zealand Government Bonds Yield 02
Comment:
Keep in mind, this trade might go wrong, so be picky with your Stop Loss. i say it might go wrong because there are many insitutions and big companies reducing the ammount of contracts for the long and actually starting to short...