Aud bound 2 break..? Im looking 4 news 2 pave the road Up
- I'm looking for a Solid fundamental news 2 pave the road upstream
- -Aud- Gov. Stevens is speaking soon
- -Nzd- Trade balance & budget release
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Bought at 1.070
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Added mor3 longs at 1.060. Incredibly low support level & Nzd rate cut is expected next week.
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RBA say policy is consistent with sustainable growth; sees CPI low for some time www.rba.gov.au/media...s/2016/mr-16-16.html ... next up is Nzd rate cut which is expected
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exited this pair & Nzd Chf with green. will be looking 2 reenter this pair as this pair is technically at a very low price level
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Rebought at 1.051 as it is literally at the bottom of support
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added more longs at 1.045 Still being conservative until after Nzd Gdp. China news is sunday & can boost Aud . Nzd Gdp next week & Aud employment change & unemployment 2 keep an eye on
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Perfect time 2 time 2 buy. its at levels not seen since 1994.
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price at strong floor. Buy conservative until after RBA meeting next week
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Break away happening & important S & R levels being reached. More Aud news on the way, Kuroda speech soon & China news 2 look out 4.
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conservatively rebought at 1.057. Nzd's rate statement ----> www.rbnz.govt.nz/new...reduced-to-2-percent