NZD 0.00% 1.6750 new zealand dollar

Well done Lokaull. N/J passed through 200 dma yesterday which...

  1. 2,317 Posts.
    Well done Lokaull.

    N/J passed through 200 dma yesterday which got me on board, currently up 110 pips although I can't see it get pass 90. Any thoughts ??. IMO Aussie rally is way overdone. In the red with A/E but will add to some positions to short AUD over the next week as I'm almost certain RBA will cut rates next meeting. Keeping my A/N on that basis. I see 77.50 as key level for A/U if it gets past that I'll have to readdress my thoughts. N/U sold down at 74.4 which was a key technical level.
 
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