In this video update, we take a look at NZDCAD and how this market could be the one to watch ahead of the RBNZ rate decision. The RBNZ is likely to push their plans to hike rates and with the data out of Canada improving we expect the CAD strength to come into play. A break of 0.8900 will likely see significant downside, look for 4hr swings for key trading opportunities.
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