As NZD picks up short term momentum strength which is expected to fade around value area 1.03, we should have 2 possible moves to play this out.
1. Short at 1.043 target 1.031
2. Swing Long at 1.031 (short term target 1.05) and long term target 1.085
1. Short at 1.043 target 1.031
2. Swing Long at 1.031 (short term target 1.05) and long term target 1.085
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.