The New Zealand and Australian currencies have gotten more in line with their daily trends in the last four to five hours. Not sure if this will continue thru the Asian session into the London session because it happened so late and it has not been going on for that long but it is to be noted. Currency Speculators that did well last week selling the New Zealand currency and the Australian have their eyes on the same play that was in motion last week. You can ride this thing all the way down if the signals stay strong. I do not know about taking it into the volatile New York session . Still not where I would like to see it to pull the trigger but it is looking better. New Zealand extended its travel restrictions to Tuesday, March 3. I will let you decide what you think about the numbers coming out of China involving the Coronavirus.
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