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Nzdusdbuy

so glad we did this!!Morning guys, Weekend is almost over and I will be enjoying the last few hours before the markets opens and another action packed week begins. Recent rallies have been quickly sold implying NZD cannot remain at these higher levels against the dollar. November confirmed the negative momentum and after yesterdays rate further enhancing the negative outlook for weeks to come. have attached the previous nzdusd chart for comparison purposes, all the best with this position into the new year. Likes and comments always appreciated!
Short
by TheBanker
11
kiwi/$ shorts pending after current longstraders, i hope you are all ready for this week of firework - i will be continuing to look at carry trades as we expect some reallocation to the kiwi as investors re-consider the RNBZ outlook. Moreover while futures point toward further upside in this weeks milk auction as many of you have seen my related idea which will be the long up til .75x levels (see attached) - all eyes on the fed this week! best of luck and remember to like and comment your ideas they keep my humbled!
Short
by TheBanker