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Sunday, August 15, 2021

NZDUSD - GO LONG ABOVE @0.7000

NZDUSD - GO LONG ABOVE @0.7000

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PAIR RALLIES AHEAD OF RBNZ NEWS ON WEDNESDAY, 18TH AUGUST, 2021

Aside the fact that this pair is consolidating at the moment, which is a showpiece that it is most probably accumulating
above a key support of @0.7000, we must keep calm and anticipate the forecast of the official cash rate which would
be 0.50 instead of the previous 0.25 (based on forecast)... to be released by 02:00 ( GMT ). This should push the NZD***
upwards well enough over 100pips, other things being equal. Let's see how it pans out.

Above all, in as much as nothing is certain or fixed,follow your trading plan and risk management, as well as the disclaimer below!

DISCLAIMER: Please note that this is not an investment advice for anybody to run or undertake; It is strictly for
educational purposes only and they are my personal views on these assets. If anything goes south, I am not liable at all.
Also, know that Forex is a high risk and reward business. So, do not trade with borrowed money or the one you can
not afford to lose.



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