NZDUSD at important resistance level trading

NZD / USD: at an important resistance level. trading recommendations

Technical analysis and trading recommendations HERE!

contrary to
reduction in commodity prices and lower interest rates in New Zealand
at the last meeting RBNZ December 9 to 25 basis points, New Zealand
Dollar most successfully opposed the US dollar in recent days. Despite
that rate was reduced, and at the central bank confirmed the intention to re
lower the rate if necessary. Inflation in New Zealand is on
0.4%, which is far below the target RBNZ range 1% -3%. As noted in the
RBNZ desirable further reduction to maintain the NZD
sustainable economic growth.

Thus, RBNZ,
in some way, I would like to pre-empt an expected significant reduction pair NZD / USD
in the case of interest rate cuts in the United States. However, contrary to expectations
the central bank, the pair NZD / USD … read more

NZDUSD at important resistance level trading

See also review and trading recommendations for the EUR / USD!

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