NZDUSD LONG ENTRY
The Reserve Bank of New Zealand may cut the official cash rate by a quarter point to 2.5 percent with its monetary policy statement tomorrow but I believe that RBNZ will wait to see if the US Federal Reserve hikes US rates in December since that will push the NZ-14.29% dollar down and push inflation in New Zealand up.
Trade active
Long entry 0.6610 SL: 06580Trade closed: target reached
Trade active
Entry 0.66000 Closed 0.67500Another long entry 0.67200
Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.