USD index

Who's favored in NZ? Any take on it besides what you just said?

National.
Pro's, business-growth-migration(labor), home owners will vote national because of massive rises in house prices.
Con's, The leader has no personality and they are seen as the nasty party, NZ has poverty issues, low wage economy and the people want change.

Labor.
Pro's, charismatic leader who is promising the world.
Con's, No real policy, flip flopping on taxation policy.

I don't see labor getting in as they're too vague in policy but they have grabbed people's attention.
 
So setup for me is sell rallies, or just sell but election runup generally means wide chop.

There's a possible head and shoulder top on the Eur/Usd daily chart not that I trade the actual pattern but the psychology behind them.
 
Been short everything against USD since 930 NY time. Caught some of the move down in GBP. Still holding AUD, Cad, Euro, GBP short. Looking for the next push to exit.
 
Flat. Nice trading day. Or really just 2 1/2 hours. Wasn't looking for much of a trend, so I'll take what I got, which was good. Euro was stuck to that 1.1950 level for awhile. We'll see if it gets revisited.
 
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