NZDUSD bears cheer RBNZ status-quo, FOMC minutes eyedAlthough RBNZ Governor Adrian Orr could pull the NZDUSD prices back from a yearly low, not to forget mentioning the two-month-old support line, the New Zealand central bank’s refrain from a widely anticipated rate hike keeps the kiwi pair sellers hopeful. Also favoring the NZDUSD bears is the sustained downside break of 200-SMA and the previous support line from July 20 amid bearish MACD. That said, the quote currently drops towards the 0.6900 threshold before the recently flashed nine-month low
Technicaanalysis
Auropharma - How can you miss 790's Education & Trading Idea
Trading Strategy
Plan A
Buy above 775 for 785-787
Plan B
Sell Below 765 for 755-745-735
No Trade Zone - 765-775 ( Risky Traders - They Can Buy close to 765 with strict stops below 765 for 773-775 & Sell Later in 773-775 for 765 downside with strict stops above 775)
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