After Cullen statement NZD drop around 100 pips and found support around 6550. But from yesterday NZD is going nowhere, just channelling. I think today's GDP and Building Permit should give direction to NZD. I will put this very simple. If both data doesn't conflict and goes on same direction NZD will move. Like if both data better than expected NZD should get strenth and vise versa. I will trade this very simply, based on data.
Please correct me if I am wrong and please put your opinion here.
Please correct me if I am wrong and please put your opinion here.
These too shall pass away.