Price of this pair is going up, ofcourse still under downtrend line. It is nice place for going short, but after breaking trend line we need to consider long positions.
That should interest you
Hello traders. How are you all. Hopefully all are doing well.
So here we have a Australian dollar vs newzealand dollar pair analysis. As we can see that the price is being rejected from the same key support since 3-4 days. Now we can expect a good long move from…
What does the data mean to the market?
The Reserve Bank of New Zealand (RBNZ) governor decides where to set the rate after consulting senior bank staff and external advisers. Traders watch interest rate changes closely as short term interest rates are the primary…