Strong carry flow towards kiwi dollar, time to exit longs?

Short

New Zealand Dollar / U.S. Dollar (FX:NZDUSD)

FX:NZDUSD New Zealand Dollar / U.S. Dollar

nzdusd kiwi rbnz carrytrade fibonacci fundamental monetarypolicy

Kiwi had a very strong run against USD mainly thanks to renewed carry trade interest. However if domestic CPI (released on Oct. 15th) will dissappoint markets will start to remember the recent words of RBNZ governor: "door is opened for further rate cuts"

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