FUNDAMENTAL :
After three consecutive weeks of falls, the pair might be ready to recover. While we cannot expect to see flying colors in the kiwi jobs report, a stabilization after the previous disappointment could set the stage for some improvement, especially as the dust settled over the top tier and excellent US data. Above all, Fundamental is nuetral.
TECHNICAL :
If the 200 SMA breaks, it could be a freefall.It could flip near term positive, if stopped out and if support is established.
www.sz-ventures.com
After three consecutive weeks of falls, the pair might be ready to recover. While we cannot expect to see flying colors in the kiwi jobs report, a stabilization after the previous disappointment could set the stage for some improvement, especially as the dust settled over the top tier and excellent US data. Above all, Fundamental is nuetral.
TECHNICAL :
If the 200 SMA breaks, it could be a freefall.It could flip near term positive, if stopped out and if support is established.
www.sz-ventures.com