Australia's largest stock trading and investment forum Australia's #1 stock forum

NZD

Click for more information

0.00%

1.6763 new zealand dollar

I'm in. Short A/N. Also will think about N/U as a quick trade on...

First 44 Last

Share
Profile

Follow
grandcaruso

2,317 Posts.

12/03/15

08:18

Post #: 14899702
Share

Originally posted by grandcaruso ↑

RBNZ meets tomorrow. Rates expected to stay on hold. Then the next day Aussie unemployment figures come out. So it could be a big week for the pair. Technically A/N looks reasonably strong. However to me it's current level seems the top of the channel and it needs some macro events to push it higher. I'm favouring downside from here because I can't see the fundamentals changing that much to push it higher.

Expand

I'm in. Short A/N. Also will think about N/U as a quick trade on any pullback. NZD vs yen flirting with 200 dma so could breakout from here.

Price at posting: 1.3730 Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

FG1

Flynn Gold reaches milestone exploration target for Golden Ridge

Trump Victory Sends Bitcoin Surging Above $75K – Is $100K Next?

MMI

Metro Mining inks bauxite offtake contracts into 2026 with Chinese m

Week 45 Wrap: Combat sports usher in Trump 2.0 – or is it male insecurity?; RBA boring; Propane suggests China alive

UBI

Universal Biosensors flat despite fresh deal with US medical product distributor

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

IMU

Imugene kicks off Australian trial for blood cancer treatment

HotCopper Highlights: Your most watched and most discussed stocks this week

Trump is President Again: What Does This Mean for Crypto?

First 44 Last

Add NZD (FOREX) to my watchlist