AUDNZD: Time to Buy , Going Against the Crowd!
Update:Trade Cancelled. RBNZ raises 2015 GDP growth to forecast to 3.2% vs. 2.8%. 2016 growth est. up to 2.2% vs. 2.1% previous
RBNZ says it sees inflation reaching the 2% midpoint in Q2 2014.
Head of central bank expects a 125bps of increases this year! a new tightening cycle starts
Unexpected strong revisions, and therefore I believe there is new information here. Accordingly, I cancel this trade for now.
I am looking for a bullish rebound, speculating on a potential buy the rumor sell the news event, i mean as the RBNZ is widely expected to hike rates by 25 bps, market has been pricing in this decision for the past weeks, and i think there is limited downside for the pair following the decision. Alternatively, if the RBNZ fails to meet market expectations and surprisingly doesn't hike* rates, that would result in a major rally.
Technically, the completion of a three drive pattern supports the idea of a bullish rebound, in addition into a potential bullish divergence on RSI Momentum.
Keep stops tight and good luck
twitter.com/thefxchannel
thefxchannel.com
RBNZ says it sees inflation reaching the 2% midpoint in Q2 2014.
Head of central bank expects a 125bps of increases this year! a new tightening cycle starts
Unexpected strong revisions, and therefore I believe there is new information here. Accordingly, I cancel this trade for now.
I am looking for a bullish rebound, speculating on a potential buy the rumor sell the news event, i mean as the RBNZ is widely expected to hike rates by 25 bps, market has been pricing in this decision for the past weeks, and i think there is limited downside for the pair following the decision. Alternatively, if the RBNZ fails to meet market expectations and surprisingly doesn't hike* rates, that would result in a major rally.
Technically, the completion of a three drive pattern supports the idea of a bullish rebound, in addition into a potential bullish divergence on RSI Momentum.
Keep stops tight and good luck
twitter.com/thefxchannel
thefxchannel.com
إخلاء المسؤولية
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.