ANOTHER SHORT FOR THE KIWI
DISCLAIMER !THE INFO BELOW IS JUST MY VIEW , TRADE RESPONSIBLY
FUNDERMENTAL
Fundermental we are expecting a rate cut on NZD of 0.5 basis point, so the intrest differential of the dollar to the kiwi will be 0.25 differential.
TECHNICAL
We had a bearish week forming a bearish engulfing on the weekly we are expecting a pullback to premium before the rate cut hence Monday and Tuesday we expect an upmove, my entry is bound to be at equilibrium of the range
FUNDERMENTAL
Fundermental we are expecting a rate cut on NZD of 0.5 basis point, so the intrest differential of the dollar to the kiwi will be 0.25 differential.
TECHNICAL
We had a bearish week forming a bearish engulfing on the weekly we are expecting a pullback to premium before the rate cut hence Monday and Tuesday we expect an upmove, my entry is bound to be at equilibrium of the range
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