NZD GAINING STEAM ON THE UPSIDE. IS THE RUN SUSTAINABLE???
Following the downside drop of the 
DXY index that shows the strength of the Dollar, 
NZDUSD has been trending to the upside.
similar to its correlated pair
GBPUSD. Will this hold for the long term?? let's wait and see.
my view is bulls will control the markets for the NZD/USD to the 0.6200 level.
ITS A GOOD TIME FOR A BUY ENTRY.
RISK REWARD RATION 5.4. ITS A SWING TRADE!!
DXY index that shows the strength of the Dollar, NZDUSD has been trending to the upside. similar to its correlated pair
GBPUSD. Will this hold for the long term?? let's wait and see.my view is bulls will control the markets for the NZD/USD to the 0.6200 level.
ITS A GOOD TIME FOR A BUY ENTRY.
RISK REWARD RATION 5.4. ITS A SWING TRADE!!
Trade active
IN THE MONEY TRADE, HOLDING TO TAKE PROFIT BY END OF WEEK FRIDAY
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.
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.