NZDUSD: Bias Still to the Downside Short

New Zealand Dollar/U.S. DollarFXCM

Description

⋅ Oct 25, 2016 5:31 AM

As RBNZ might be considering another rate cut in Dec, a divergence with a rate hike from the Fed, our bias remains to the downside on the Kiwi.

Comments

martin1024

⋅ Oct 25, 2016 5:05 PM

I have just put sell limit on 0.72050. I appreciate you consider fundamentals, very good analysis, agree.

KarYong

⋅ Oct 25, 2016 5:07 PM

thanks! let's see if this trade work out well! :)