NZD trade weighted index: Short NZD against strong currenciesNZD is a short against its main trading partners. The uptrend in this biweekly chart exceeded the target and ran right into the previous downtrend mode, so it'll naturally come back down to the uptrend mode at the very least.
Look for prolonged weakness in NZD crosses, and exploit it. Thank me later...
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Ivan Labrie
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Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
