Long NZDCAD @0.9400 Stop @0.9310 Target @0.9600
RBNZ's Wheeler basically removed the possibility of September's rate cut in his statement this morning.
Market is discounting any possibility of a freeze production agreement in Algeria next month.
Technical: daily pivot and 38.2% retracement level
Market is discounting any possibility of a freeze production agreement in Algeria next month.
Technical: daily pivot and 38.2% retracement level