NZ Q3 unemployment rate 4.6% (exp 4.7%) sees surge in Kiwi. Similar to Aussie, technical play with fundamentals to follow. RBNZ next week – we know they are on hold though that means they are not cutting. As with Aussie plan, risk event later with FOMC so decide how you want to play it… Still setting up so we have time…

NZDUSD Daily

MM2 - MM4

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I would like to see a higher high above the top of the range before buying the pullback. If you are aggressive then WPP would be support after price came off of WM2. If this is a fakeout then support eyed at the bottom of the range WM2/ MM2 confluence.

NZDJPY Daily

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NZDJPY H4

78.00 for a right shoulder? A break above WPP means WPP is support - that is pretty aggressive though.

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