RBNZ meets tomorrow. Rates expected to stay on hold. Then the next day Aussie unemployment figures come out. So it could be a big week for the pair. Technically A/N looks reasonably strong. However to me it's current level seems the top of the channel and it needs some macro events to push it higher. I'm favouring downside from here because I can't see the fundamentals changing that much to push it higher.
Ascending channel, page-39
-
-
- There are more pages in this discussion • 48 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NZD (FOREX) to my watchlist
The Watchlist
NRZ
NEURIZER LTD
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online