After a drop in rates and forecasts of recession into next year, we have seen NZD weakness.
This is flowing through the range bound/close correlation AUDNZD pair.
Levels exist higher, and lower. Not ideal for shorts yet as sentiment is still well within force and providing momentum.
This is flowing through the range bound/close correlation AUDNZD pair.
Levels exist higher, and lower. Not ideal for shorts yet as sentiment is still well within force and providing momentum.
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Posts Not financial advice.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.