BlueberryMarkets

VIDEO ANALYSIS: NZDUSD TO 0.6300

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
The RBNZ cut interest rates by 50bps as they weigh up global risks. This did come as a slight
shock to the market as we were forecast to see just a 25bps rate cut. The market saw this
as a negative and pushed NZDUSD prices through the key lows. We expect to see further
downside here in this market and will look for short opportunities on retracements.
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