Based on sentiment and BB's we expect NZDUSD to fall considerably. It is likely before the end of the week that dxy will strengthen causing this pair to fall.
Currently, two RR setups are being examined. NU has touched an area of significance on the 4hr and has clearly rejected the level.
This is an opinion, not financial advice.
Currently, two RR setups are being examined. NU has touched an area of significance on the 4hr and has clearly rejected the level.
This is an opinion, not financial advice.
Trade active
TPS have yet to be reached. Expect the fall to continue into late NY. London has set up a short that has not yet cleared it should be an interesting later afternoon.
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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.