NZD weakness comes about similarly to Yen strength, both as a reaction to the risk off environment markets sit in.
Any longs taken must be light and exited early on any bounces. Still potential for lower moves into this risk mood.
Any longs taken must be light and exited early on any bounces. Still potential for lower moves into this risk mood.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.