NZD/USD - 25/08/2019 Short

New Zealand Dollar/U.S. DollarFXCM

Description

⋅ Aug 25, 2019 10:47 AM

PLEASE SEE LAST WEEKS ANALYSIS. I believe the pair is still set to move bearish.

I am not sure as to whether I will take a trade as it seems to be consolidating a lot whilst moving down. Not something I want to stay in for too long.

FUNDAMENTALS:
NZD:
- Thursday - Crude Oil Inventories

USD:
- Monday - Core Durable Goods Orders
- Tuesday - CB Consumer Confidence
- Wednesday - Crude Oil Inventories
- Thursday - Prelim GDP
- Friday - Personal Spending

ALL:
- Monday - G7 Meetings

Trend Analysis