Press Kiwi Further As Inflation Cools
Fundamentals & Sentiment
NZD:
- Data: CPI along with prior recent data are dovish
- RBNZ: "there's a scope for further cuts..."
USD:
- Fed: Cautious approach to cuts
- Data: mixed
- Bullish CFTC
Technical & Other
- Sell limit
NZD:
- Data: CPI along with prior recent data are dovish
- RBNZ: "there's a scope for further cuts..."
USD:
- Fed: Cautious approach to cuts
- Data: mixed
- Bullish CFTC
Technical & Other
- Sell limit
- Setup: TC(B)
- Setup timeframe: 4h
- Trigger: 1h
- Medium-term: Down
- Long-term: Range
- Min target: Next support
- Stop loss: 0.33%
- Position size: 0.5R
Trade closed manually
Closed at the breakeven - looks like the news failure; after cool NZ CPI and today's good US data the pair hasn't managed to drop further.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.