NZD/USD in No-Man’s Land Before RBNZ
Chart Prepared by Jamie Saettele, CMT
-Kiwi has rebounded from a well-defined price point (.6960s) but remains below a very long term level (1985-1993 line) heading into RBNZ. Strength through the July high would expose .7455 but the impulsive nature of weakness from the July high warns of a break under .6951.
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