AUDNZD sell trade idea I'll be waiting for a pull back with current AUD strength after the news release which overall is not as positive compared with the NZD push for a faster schedule to higher interest rates. A more conservative approach is to wait until price reacts to the resistance level at 1.08011, the primary catalyst from a fundamental perspective is the divergence in monetary policy with Governor Lowe speaking earlier today regarding the fact that the 2024 rate rise time frame remains in tact compared with the RBNZ moving to increase rates much sooner in November this year. I'm viewing this as a higher time frame trend trade and will sell into weakness if we see this pull back short lived with a daily candle closing near it's low also the end of day video update is coming up shortly team.
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