ANOTHER SHORT FOR THE KIWI

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DISCLAIMER !THE INFO BELOW IS JUST MY VIEW , TRADE RESPONSIBLY

FUNDERMENTAL
Fundermental we are expecting a rate cut on NZD of 0.5 basis point, so the intrest differential of the dollar to the kiwi will be 0.25 differential.

TECHNICAL
We had a bearish week forming a bearish engulfing on the weekly we are expecting a pullback to premium before the rate cut hence Monday and Tuesday we expect an upmove, my entry is bound to be at equilibrium of the range

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