Dollar looking pleasant. Interested to see how price action will play out late in Asisan and up until London with the NZD Cash Rate coming out within the next hour. Price Action has been on the bearish side as o late and could be expected to continue in the trend until about 101.1
On the upside I would be interested to see price come back to 102 and perhaps magnetize and show some respect instead of a dropping free for all knife, due to the amount of uncertainty currently present in the markets. There is a lot o stimulating news on the economic front, so being more engaged with the fundamentals to have an overall better understanding of market sentiment is vital.
Looking froward to NFP potentially shedding more light on the economic situation as ar as the USD is concerned.
On the upside I would be interested to see price come back to 102 and perhaps magnetize and show some respect instead of a dropping free for all knife, due to the amount of uncertainty currently present in the markets. There is a lot o stimulating news on the economic front, so being more engaged with the fundamentals to have an overall better understanding of market sentiment is vital.
Looking froward to NFP potentially shedding more light on the economic situation as ar as the USD is concerned.