As we've noted in our recent post about the U.S. Election we will be looking for trades in the NZD/USD for the foreseeable future. As such, let's take a look at the NZD/USD chart to see where this particular may be headed.
Now that the U.S. Election is almost over, the RBA had its meeting and was clearly against negative rates. Let's take a look at the AUSSIE as it is about to get to some resolution of the wedge that has been in formation for quite some time.
Finally, election day has come. We are not sure if this is a good thing or a bad thing. The volatility in lead up to this election has provided great trading opportunities: We have had Closing trades on NZD/USD with 54 PIPS Gain, EUR/JPY with 204 PIPS Gain, GBP/AUD with 99 PIPS Gain, and USD/CAD with 163 Pips Gain.
