NZDJPY and New Zealand's Consumer Price Index

Jan 24, 2017

The Fundamentals:
The focus here is on Wednesday's New Zealand's Consumer Price Index. The New Zealand currency is one of the strongest alongside the AUD where the CFTC reports that the currency is net long; however, for the Australian dollar, the buyers last week had less activity than the week prior.

According to analysis of the CPI and other data, my predictive analysis suggests that New Zealand's CPI will come out bullish. Could this be a catalyst for Wednesday evening New York time January 25, 2017? Heck yes! Do I have to wait for the charts to tell me anything? Heck no! We can have an inside view and/or an informed view of the financial world that will either get us in earlier or add confidence to our trade set-ups. Fundamental-Economics are indeed power for you!

Technicals: Price spiraling up. Waiting for pullback to the buy zone to see how the market reacts. Then, I will enter.

Entry: Between 82.30 and 81.85
Targets#1: 82.57
Target#2: 82.87
Stop: 81.38

Jan 24, 2017

Note

Fundamental and Predictive Analysis Chart for Wednesday: gyazo.com/0f0f27fc7f2fc8dc2e01a7aaae86cad8