Today we had some data of medium importance from
Great Britain and it was mixed. At the moment British Pound seems to be forming
double top pattern and may really reverse for the time being soon.
The upcoming session is very important as New
Zealand rated decision will be announced. Then in a few hours time Australia
will release their employment change and unemployment rate numbers.
Some say this will reverse Australian dollar and New
Zealand dollar downward trend. I think it
will have only short term impact. We need something more strong to inspire
traders to start buying these commodity currencies.
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