5 week uptrend broken when RBNZ announced they would keep interest rate the same. This was followed by bad news and the RBNZ officials saying they want a weaker kiwi. Could drop more so keep eyes open ! - Happy Trading !
FOMC, Yellen and Trump all play a crucial role in the next weeks with tax reforms, fiscal policy and much more on the horizon.
Keep an eye out for a break in support. Keep it simple and be patient ! - Happy Trading !
Uptrend seems to have taken off. Keep an eye out and stay patient. - Happy Trading !
Big spikes, followed by big reversals. 142.3ish seems to be the resistance for now. Brexit and now even frexit are looming in the background. The drop seems even more real. Keep eyes open for this pair.
Downtrend continuation, overbought conditions may lead to a drop off. Use risk management and trust your instinct. This game is all about patience and emotional control. - Happy Trading !
Big spikes, followed by big reversals. 1.484ish seems to be the resistance for now. With the weaker dollar policy becoming more real, and the brexit and now even frexit on the rise- the drop seems even more real. Keep eyes open for this pair. RBNZ also wants lower kiwi