What Jacinda Ardern will bring to the NZ economy? Not quite sure, but the market reacted quickly after her appointment was announced.
0.680 - 0.69, this level has been tested several times this year and 2017's low being 0.682, will NZDUSD go below this level again? i doubt it as NZ's economy is relatively stable compared to the rest of the world.
Patience pays, i would expect NZD will go into consolidation mode for the next coupe of weeks before moving to around the pre election level (0.71-0.72)
it is bearish at the moment but we should be able to hold the 68 level.