RBNZ meets tonight and thoughts on NZDUSD

in money •  8 years ago 

The RBNZ meets tonight i doubt Wheeler the keeler will pass a chance talk down their currency againts USD, especially as it has appreciated ca 500 pips in the last month or so. No point in really predicting, just goning to post some tech charts. I love charting, your comment s & crtique is welcome.

NZDUSD daily chart, just a consolidation pattern, seems like wants to break upwards but not sure with this RSI nzdusd 1 daily consolidation pattern.PNG

NZDUSD H4 serious uptrend, stopped by daily channel. NZD this whole week has really stood well its ground against USD, even after a surprisingly hawkish FOMC. Danger on RBNZ talking down their own currency tonight, but technical case is - the triangle is a trend continuation pattern.
nzdusd 2 h4 triangle pattern.PNG

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