We have loads of economic data until Feb 11th , we start with US interest rate and Employment data for both USA and NZD and end with NZD rate decision which sits around Feb 11th. The scenario is simple, for NZD if they don't cut rates and inflation data's are good then it would be enough for bullish scenario . However prior to that, we have to pay attention to this weeks FOMC and see what they singals about future interest rate. Until Feb 11th it would be bumpy, we can trade both sides, but i would be looking for long eventually
I see the current drop of NZD and AUD due to corona virus as buy opportunity
I see the current drop of NZD and AUD due to corona virus as buy opportunity
