TECHNICAL ANALYSIS
- Potential Short Entry around 1.95100 - 1.95200
- Impulsive movement completed, looking for correction movement however it could be a reversal if fundament plays out.
- Strong Resistance at 1.95500
- Target 1: 1.93900
- Target 2: 1.91900
FUNDAMENTAL ANALYSIS
- Dovish from BOE regard Interest Rate
- NZD considered a 50bps rate hike, as it lowered its unemployment data and upgrades its CPI data.
- Potential Short Entry around 1.95100 - 1.95200
- Impulsive movement completed, looking for correction movement however it could be a reversal if fundament plays out.
- Strong Resistance at 1.95500
- Target 1: 1.93900
- Target 2: 1.91900
FUNDAMENTAL ANALYSIS
- Dovish from BOE regard Interest Rate
- NZD considered a 50bps rate hike, as it lowered its unemployment data and upgrades its CPI data.