Wedge on NZDCAD
NZD Pairs have been largely bullish in the past few weeks. Expect some form of retracement or consolidation. As per the CFTC COT weekly report NZD has grown in net positions in the past few months. Expect the big banks to start taking profits before the next leg.
Related publications
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.