NZDUSD is gonna go up this week, seeing that it broke a long lasting trend line and aditionally formed a new one at the 1hr charts. needles to say NZ02Y has shown that it will go up, meaning that NZD´s Bond prices will drop...
New Zealand Government Bonds Yield 02
New Zealand Government Bonds Yield 02
Note
Keep in mind, this trade might go wrong, so be picky with your Stop Loss. i say it might go wrong because there are many insitutions and big companies reducing the ammount of contracts for the long and actually starting to short...
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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.