Weekend is almost over and I will be enjoying the last few hours before the markets opens and another action packed week begins.
Recent rallies have been quickly sold implying NZD cannot remain at these higher levels against the dollar. November confirmed the negative momentum and after yesterdays rate further enhancing the negative outlook for weeks to come.
have attached the previous nzdusd chart for comparison purposes, all the best with this position into the new year.
Likes and comments always appreciated!
Congrats on breaking even after two months!