Double tops – double bottom – Kiwi dollar long run bearish outlook

Kiwi dollar ’s long run bearish outlook

A popular long, the positive kiwi dollar swap rate is an added incentive to earn interest on overnight positions.  With data on GDP figures due later this week, expansion or retraction of the economy will be indicated. Positive data will coincide with the double bottom on the daily already suggesting a bounce in the kiwi dollar this week.

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bullandbearishm
FXBullandbearishm is a forex and alerts, economic and technical anlaysis site with a difference. Contrarian with foresight. With a 5 % success rate in forex traders, its time to implement change. Follow bullandbearishm.com for “out the box” thinking. Join the quest to change how forex is traded and trade FX to make money.

bullandbearishm

FXBullandbearishm is a forex and alerts, economic and technical anlaysis site with a difference. Contrarian with foresight. With a 5 % success rate in forex traders, its time to implement change. Follow bullandbearishm.com for "out the box" thinking. Join the quest to change how forex is traded and trade FX to make money.

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