Hello All,
This pair needs a thread for live discussion and I could not find one so,
Here we go!

(Shout to Jimobiwan - Thought you would have begun it!)

Somewhat of a temporary high shaped approximately .7350 and after multiple attempts at the level, Some poor employment data (higher unemployment than prediction) helped derail the increasing trend for the Kiwi this week.

Falling over 100 pips that the pair found some support at 7250.

The LTL from 6800 increase remains intact and another effort at 7400 may predominate should the line hold, in addition we are ahead of the NFP, which might push the USD further down. Tomorrow, we'll see.

There might be a long in here but I am just seeing Kiwi as of now.
Welcome!
Hope to see you here.


Baby Kiwi Bird of NZ