NZDUSD broke above 0.7000. Investors are awaiting today’s decision of the Reserve Bank of New Zealand's (21:00 GMT) and we think the outcome will be a very close call.
We raised the target on our short-term NZDUSD long to 0.7085, but we also locked in profit at 0.6910. We keep our bullish view on the NZDUSD in the long term. The target in the investment part of the portfolio is 0.7300 growthaces.com/articles/market-overview-08062016-gold-stay-long-128000