NZD/USD likely to fall!
Hey tradomaniacs,
after the ECB-Statement from yesterday we have seen a strong dollar-push as the upcoming rate-hikes were already priced in.
The reason for the entire sell-off in equities was basically that the ECB has raised its rate of price increases aswell as lowered the exepctations for economic growth.
What a dilemma... I think we might see a continuation of the recent breakout due to the risk-off-sentiment.
Still stay cautious ahead the important CPI-Data today which will be very important for the market.
But a great chance with tight SL here!
after the ECB-Statement from yesterday we have seen a strong dollar-push as the upcoming rate-hikes were already priced in.
The reason for the entire sell-off in equities was basically that the ECB has raised its rate of price increases aswell as lowered the exepctations for economic growth.
What a dilemma... I think we might see a continuation of the recent breakout due to the risk-off-sentiment.
Still stay cautious ahead the important CPI-Data today which will be very important for the market.
But a great chance with tight SL here!
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