interest rates : rates to remained unchanced
tone : i expect the tone to be bearish with recent deterioration in data
signal mkt is looking : market is looking when rbnz will raised rates next, i believe they may not raised rates this year hence negative for kiwi
our view : bearish tone Hence Bearish NZD .
if tone is bearish kiwi will tumble towards 0.81 cents or if tone is slightly bullish we may see a relief rally in nzd usd
average pip : 25-90
max sl : 25 to 30 pips
tone : i expect the tone to be bearish with recent deterioration in data
signal mkt is looking : market is looking when rbnz will raised rates next, i believe they may not raised rates this year hence negative for kiwi
our view : bearish tone Hence Bearish NZD .
if tone is bearish kiwi will tumble towards 0.81 cents or if tone is slightly bullish we may see a relief rally in nzd usd
average pip : 25-90
max sl : 25 to 30 pips