After RBNZ left the cash rate unchanged but expanded QE and said it was ready to lower rates further, even into negative territory if needed, NZD immediately sank across the board.
Now testing trend line and support level around the 200SMA. A break lower signals a short.
Please support the idea and share your thoughts on NZDUSD!
Good Luck and Stay Healthy!
Now testing trend line and support level around the 200SMA. A break lower signals a short.
Please support the idea and share your thoughts on NZDUSD!
Good Luck and Stay Healthy!
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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.
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.