NZDUSD:Hawkish RBNZ and Potential Upsides
Hey Traders, in today's trading session we are monitoring NZDUSD for a buying opportunity around 0.60750 zone, NZDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.60750 support and resistance area.
Last night the RBNZ did consider raising rates which should give a boost to the kiwi meanwhile on the other hand the macro environment of the dollar is soft after the current progression of CPI in the US.
Trade safe, Joe.
Last night the RBNZ did consider raising rates which should give a boost to the kiwi meanwhile on the other hand the macro environment of the dollar is soft after the current progression of CPI in the US.
Trade safe, Joe.
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