I will be looking to trade Nzd this week
With the RNZB interest decision coming up on Wednesday the Nzd is an interesting trade
The Nzd/Usd is as low as it has been for a long time, close to 0.7
I expect this level to act as a natural support area for traders
and I will be buying any move towards it for a decent bounce
Also, the interest rate decision is coming up this week for Nzd
Most traders believe the bank of new Zealand will not cut rates yet,
and this should lead to a strengthening/recove…
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