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KarYong
Sep 26, 2016 2:03 PM

NZDUSD: Bearish Bias Post RBNZ Rate Statement Short

FX:NZDUSD1D
New Zealand Dollar/U.S. DollarFXCM

Description

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With the dovish tone from the recent RBNZ Rate Statement, we expect price to fall back below the major resistance level at 0.7235.

Potential short opportunity around the 0.7297 to 0.7314 region targeting the previous low at 0.6991.
NZDUSDrbnz
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