NidalDarawsheh

NZDUSD - Better employment and Inflation expectations

Short
NidalDarawsheh Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
12
last week better employment and inflation expectations sent the NZDUSD higher. but how far will it go???
I recommend watching PA inside the PRZ before taking a short position.
technically we are in wave 4 looking for new lows in the coming weeks.
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possible count, approaching target 1
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NZ Performance of Services index for October

The data release has been delayed due to the earthquake
Was due at 2130GMT
Will be published tomorrow instead
Announcement from Business NZ via Bloomberg
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1st target hit
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Yellen’s prepared statement is cautiously optimistic: she says a rate hike could be appropriate relatively soon
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approaching 2nd target
so far 470 pips with just 19 pips stop $$$$
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