- Strong target area at target area (1.32750) as expectation towards the mini support area.
- Expectation for a long on sliver after a hard sell, strong buyers return and pick up momentum quick. If price surge and surpass 15.250, price will reach around the TP area.
RBNZ has released its OCR yesterday and rates seems to be unchanged however due to the disappointing economy activity, NZD has plunged and shown strong weakness. I am expecting a NSL where price leads towards the 73.0 area.
My current trade for CAD/CHF. As expectation is towards the sell side. Strong indication of buyers are dying off as well. Fundamentally this could be a risk-off sentiment where investor could be placing their money on safe haven investment instruments.
My current trade for cad/CHF. As expectation is towards the sell side. Strong indicator of buyers are dying off as well. Fundamentally this could be a risk off sentiment where investor could be placing their money off somewhere on the safer investment instruments for short term.