New Zealand has fared better during the coronavirus pandemic than most other countries on the planet giving it an advantage to restart a growth based economy. New Zealand Dollar is well-positioned for more gains, similar to its sister the Australian Dollar
Traders are further net-short than yesterday and last week (acording to IG), and the combination of current sentiment and recent changes gives a stronger NZD/USD-bullish contrarian trading bias.
TARGETS Intra Day level 0.70978 Level To Reasses Overall Trend 0.7117
Comment
PROFIT TARGET 1 HIT
Comment
PROFIT TARGET 2 HIT
Trade closed: target reached
💥🚀 All trades closed in proft. No trend trades until after the FED
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