Sunday, September 28, 2014

RBNZ Confirm Market Intervention

The markets were quick to react by driving NZDUSD down to 0.77, it's lowest level since July '13 and NZDJPY reached a 6-month low. The break below 85.70 confirmed a Triple Top which targets 81.40 and if recent price action is anything to go by, it wont take very long to get there.



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