The New Zealand Dollar managed to find
its way back to the topside last week,
with the primary driver of flow coming
from Wednesday's Fed Chair Powell
testimony. In contrast to this, the RBNZ
seems less dovish at the moment, with
recent PMI data supportive.
We like EURNZD shorts on pullbacks.
its way back to the topside last week,
with the primary driver of flow coming
from Wednesday's Fed Chair Powell
testimony. In contrast to this, the RBNZ
seems less dovish at the moment, with
recent PMI data supportive.
We like EURNZD shorts on pullbacks.
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Join over 42,000 traders and get the Forex Course for Smart Traders - 17 in-depth lessons - always 100% free at MarketMates.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.