The latest mid-term downtrend has reflected an uptrend/upwards trajectory on a faster easing BOC Policy.
Lately, The RBNZ has reacted to data and given a more dovish stance, supplying NZD weakness and a return back down the up-trending channel.
CPI out of Canada today does not change this, NZD data later might.
Sentiment case still largely supports upside.
Lately, The RBNZ has reacted to data and given a more dovish stance, supplying NZD weakness and a return back down the up-trending channel.
CPI out of Canada today does not change this, NZD data later might.
Sentiment case still largely supports upside.
Note
Re-longs applicable on dips.Note
Updated plans:
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Free Pro Multi Asset Trading Guide:
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
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.