Wednesday, February 15, 2006

NZDUSD long-term chart for ID (if necessary) -- for EW.


I've erased my EW labels as I really am not at all confident of the count.

I'll leave that to you ID.

With the 7.5% current Libor rate for NZD, it is clear why I'm interested in this currency.

Pairing with CHF is being looked into (with JPY too), but it offers a nice enough differential even when paired with USD. If DX weakens, this could be sweet for (LONG) NZDUSD

Regards

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