Black Pipper

Forex Dreamers

Sell NZDUSD (May 02, 2020)

NZDUSD signal

NZDUSD signal


Sell @ 0.6060
Profit @ 0.5960
Stop @ 0.6080

Rationale for selling NZDUSD

Kiwi briefly rose amid the sharp upside correction in Australian Dollar after RBA. However, the outlook remains bearish amid RBNZ’s dovishness and risk-off sentiment.

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