Data releases out of NZ today could determine direction of Nzd crosses
I am long Nzd, and have been since the beginning of the contest,
I am holding a long Nzd/Usd, a long Nzd/Cad and a long Nzd/Chf now,
and have a short Aud/Nzd and a short Gbp/Nzd waiting
At the moment the Nzd is showing a bit of weakness, especially in nzd/Usd
maybe a pullback or concern ahead of the ISM non-manufacturing PMI figures release
due in about an hour - a strong data release may push Usd up - we shall see
This eveni…
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