kansianz
Long

NZDUSD Long Setup ahead of NZ trade balance.

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
20 0 1
Long setup, I will keep it simple.

*RSI Divergence
*Key Support area (4h & Daily)
*Decent R:R

Previous 2 months trade balance were far better than expected.
Better than expected trade balance will reduce likelyhood of rate cut. (Not that i trust what they say though)
Sceptical about what RBNZ gave us, nowadays central bankers don't really dare to do what they say.
NZD still provides a decent yield differential until they do something :/
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out