NZD new zealand dollar
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I've taken on a scalp trade... in long at 1.0285 ...looking for...

  1. nzrugby
    426 Posts.
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    25/03/15
    15:01
    Post #: 14978220
    I've taken on a scalp trade... in long at 1.0285 ...looking for approx. 100+ pip, SL at 1.024 as well.

    Fonterra has downgraded pay out ... coupled with narrowing of the NZ Trade balance.

    Overall short for parity but since the current news I will review overall position at/ after next RBA meeting.

    Could the kiwi economy be starting to run out of puff? Is the aussie economy a lagging indicator for the kiwi?

    go nzcricket
    Price at posting: 1.3077 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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