One of the key charts we would be keeping an eye on this week is the weekly NZDUSD. We have no real interest in taking on new positions until we get closer to the RBNZ meeting but as we have been discussing and seeing, there is a lot of opportunity around these events. Once again, it’s important to understand what the market is pricing in and that with very lofty expectations, there is always a chance of disappointment. We will discuss and map out our scenarios in today’s webinar…
Remember that on top of all the Trade and Geo-Political risk out there, this week is going to be a particularly heavy CB week. It will be key to keep a very close watch on what comes out from all the communications as we wade through this potential policy regime shift period.
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