NZD/JPY CASH COW!
TECHNICALS
This pair has been bullish for quite some time now ever since the 19th of August 2021. I do not expect any long term bearish movements as markets has even broken above previous high created on May 27 2021 what I do expect is for markets to come back down retest the newly created support and then go up further to 83.390 level, being weekly resistance.
FUNDAMENTALS TO LOOK OUT FOR
SUNDAY, OCTOBER 17
23:45
NZD Consumer Price Index (YoY)(Q3)
NZD Consumer Price Index (QoQ)(Q3)
MONDAY, OCTOBER 18
04:00
CNY Gross Domestic Product (YoY)(Q3)
CNY Fixed Asset Investment (YTD) (YoY)(Sep)
CNY NBS Press Conference
CNY Industrial Production (YoY)(Sep)
CNY Gross Domestic Product (QoQ)(Q3)
CNY Retail Sales (YoY)(Sep)
This pair has been bullish for quite some time now ever since the 19th of August 2021. I do not expect any long term bearish movements as markets has even broken above previous high created on May 27 2021 what I do expect is for markets to come back down retest the newly created support and then go up further to 83.390 level, being weekly resistance.
FUNDAMENTALS TO LOOK OUT FOR
SUNDAY, OCTOBER 17
23:45
NZD Consumer Price Index (YoY)(Q3)
NZD Consumer Price Index (QoQ)(Q3)
MONDAY, OCTOBER 18
04:00
CNY Gross Domestic Product (YoY)(Q3)
CNY Fixed Asset Investment (YTD) (YoY)(Sep)
CNY NBS Press Conference
CNY Industrial Production (YoY)(Sep)
CNY Gross Domestic Product (QoQ)(Q3)
CNY Retail Sales (YoY)(Sep)
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