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EURNZD Trade Idea (Aug, 2020)

What’s up LITA traders, we’ve got an interesting month ahead of us and I’m trying my all out best to provide you all with some fundamental analysis to keep up with the markets. The fundamental forex analysis on EURNZD will be one that’s a yellow on our traffic light system which means we’ll be adding it to our watch list and keeping an eye on the economic indicators to confirm our trades. Summary: domestic fundamentals need to be weaker for NZD and relative analysis we could do with waiting for VW gains to fall, A2 milk to continue rising and Air New Zealand to fall too.

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