Dollar New Zealand / Dollar ASPenjualan
NZDUSD Strong US economic data
Hey all, on the 4h timeframe chart it seems as if we formed a rising wedge pattern. As you can see it made a breakout to the downside and retesting the area. For me it seems like a good entry on a risk to reward of 1:5.
From a fundamental perspective we did get a bullish sentiment on NZD. The economy is growing back to the pre-covid days. Also possible actions on tapering from New Zealand. But I feel the latest US unemployment data gave investors a signal that it may be time to start tapering cash rate from the United States. So that is why I feel like it could be a Sell for the short term.
From a fundamental perspective we did get a bullish sentiment on NZD. The economy is growing back to the pre-covid days. Also possible actions on tapering from New Zealand. But I feel the latest US unemployment data gave investors a signal that it may be time to start tapering cash rate from the United States. So that is why I feel like it could be a Sell for the short term.
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.