Hello community,
RBNZ will be holding a policy meeting tomorrow and market expect RBNZ reduce OCR at least 25 bp. So I setup a short entry at confluent level 0.666 (fibo 61.8 from high 0.677x). I expect NZD will retest the last bottom and even more break to make new low.
Good luck to all
Haynes
RBNZ will be holding a policy meeting tomorrow and market expect RBNZ reduce OCR at least 25 bp. So I setup a short entry at confluent level 0.666 (fibo 61.8 from high 0.677x). I expect NZD will retest the last bottom and even more break to make new low.

Good luck to all

Haynes