NZDUSD: LONG [D] [10/07]
NZDUSD | Weak | 0.6800 – 0.6475
- The RBNZ cut rates to remain competitive and has put pressure on NZD.
- Kiwi spiked to 0.6375 on an announced interest rate cut and remains weak.
- 1st Key SELL area 0.6625/0.6600 R25
- need to see more evidence of buying before going Long
- The RBNZ cut rates to remain competitive and has put pressure on NZD.
- Kiwi spiked to 0.6375 on an announced interest rate cut and remains weak.
- 1st Key SELL area 0.6625/0.6600 R25
- need to see more evidence of buying before going Long