brought back a chunk from Oz today.... it may go higher and thats cool, but often around this level it finds a ceiling and one day might go back to parity in which case I'll send it back again
brought back a chunk from Oz today.... it may go higher and thats cool, but often around this level it finds a ceiling and one day might go back to parity in which case I'll send it back again
Not for long time IMHO ..Aussie economy will out perform NZ's ...I wouldn't be surprised to see AUD/NZD 1.15+ before the years out
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
Its been a savage retracement since the 1.13 and I had been selling into that Aud-NZDxfers.JPG
I'm thinking that once this momentum downwards wanes, there will be support around 1.05 for at least a while. before we head back to approaching parity. but certainly no hurry to put anything back to AUD yet. AUDNZD20221202.JPG
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