This is not financial advice.
I believe we are about to see risk off currencies solidify their positions a bit after the FOMC bonanza in the last two weeks.
Considerable ground has been lost last week by the EUR/NZD pair alongside the USD pairs. A relief rally might be on the horizon to break above the 1.69900 region and beyond , however the 1.69900 is the target for this trade as we await market movement in the next week of trading.
I believe we are about to see risk off currencies solidify their positions a bit after the FOMC bonanza in the last two weeks.
Considerable ground has been lost last week by the EUR/NZD pair alongside the USD pairs. A relief rally might be on the horizon to break above the 1.69900 region and beyond , however the 1.69900 is the target for this trade as we await market movement in the next week of trading.
