NZD/USD options market signal turn most bullish in three weeks

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NZD/USD options market signal turn most bullish in three weeks – by anilpanchal7 NZDUSD Options RiskAppetite Markets Majors

NZD/USD retreats from the eight-month high as bulls take a breather ahead of the second round of central bank dossier during early Thursday.

That said, the Fed’s dovish rate hike triggered the strongest bullish options market sign for the NZD/USD traders. It’s worth noting, however, that the weekly RR still remains negative, suggesting the bear’s dominance, for the third time in a row as it prints -0.165 figure at the latest.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.

 

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