NZDUSD is trading to the downside today as the RBNZ were expected to raise interest rates but held them instead. Technically the pair has created a large wick shadow to the downside and we anticipate the pair to continue to the downside and fill this wick.
Trade closed: target reached
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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.