AUDNZD:Couple of Scenarios ahead of today's Economic Calendar
Hey traders, above is a quick video in which we analyze AUDNZD technically and fundamentally ahead of today's RBNZ meeting. i would watch the zone of 1.099 which combine a strong supply and demand zone with a strong uptrend. our eyes will be in today's official rate from the Reserve Bank of New Zealand. if they hike rates as the market is pricing we can probably hit more highs on AUDNZD. otherwise if RBNZ surprise us with a larger rate hike we will more likely have the second Scenario.
don't forget to ask us your questions in the comment section.
Joe.
don't forget to ask us your questions in the comment section.
Joe.
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