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NZD/USD 2016/10/30


Amidst Hillary's email wiles, stronger than expected US GDP growth will support the USD into the new week, and a widening trade deficit in the land of Kiwi's will ensure a test of support for the NZD/USD pair at the 0.7050 level. However, closer to the weekend election risks will start weighing in which will send the greenback lower against the majors. A rally to the upside of 0.7250 - 0.7300 is likely.


Trade : Entry to sell 1.0 lot @ 0.7120 and Entry to buy 2.0 lots @ 0.7050
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