NZDCAD - Make it rain RBNZ
According to the RBNZ, the NZD is too high and too strong. We've heard that song and dance before, but when it happens, it happens quickly. This is a trade that should reflect the movement. There is a monthly pivot 400+ pips away and it has the potential to turn into a larger trend on NZD weakness. I am also watching AUDNZD, NZDUSD, EURNZD closely for a similar wave kicking the kiwi. More analysis can be viewed at DAYTRADERS FX and ON-DEMAND.
Chris Pulver
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