NZD ???? Hi there! Today is a ‘sad’ day for all you ‘Kiwi lovers’ ????

Here’s why.. RBNZ ⬇️
  • The Assistant Governor McDermott stated that the Kiwi is at an ‘uncomfortable level’.
AUD ⬇️
  • NZD’s major trading partner, the Aussie, is also weighted this week after the market's decision of focusing on the fact that a higher AUD could also be problematic.
Technical Structure ⬇️
  • Not only the NZD/USD broke the 0.72 handle, it also broke a major trend line - from the beginning of 2017 - to the downside.
If you need any extra explanation just leave a comment and I will answer the best I can.

Much Love ????
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –