thead wrote:prochargedmopar wrote:Wondering where to buy NZD?
Take a look @ the perfectly parallel lines of this channel.
There was some bad economic news for NZD as well yesterday. Global Dairy Trade auction price fell by around 10%. NZ economy comprises of around 30% Dairy stuff.
Seems like people are not eating/drinking enough eggs/cheese/milk.
I know some people that trade with macro economic info.
Some say it causes the movement, others say the technicals do.
I'm with the technicals camp because all governments own the news AND all banks own the governments.
To me the reason price fell only 150 or whatever is because the weekly and Monthly are in up trends. LOL