NZDCAD pennat fake-out/break-out

2014년 12월 11일

Posted this as a short break of the pennant, anticipating dovish RBNZ. Wheeler however was more upbeat and affirmed rate rises and, together with today's oil weakness affecting CAD, the pair reversed. Now looks to be breaking to the upside. If it doesn't, I am closing it and relegating the pair to the stupid corner.