After hovering around my price target most of yesterday AUD/NZD opened up with a screaming start today blowing through my target and continuing for another 100 pips. Economic data and a seeming reflation of commodity prices seems to be the culprit. With 0 open positions now I'll sit sidelined and peruse the next opportunity.
Edit: Expected rate cuts from RBNZ driving this thing, economic data just a catalyst.
Edit: Expected rate cuts from RBNZ driving this thing, economic data just a catalyst.
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