kiwi dollar on a short/medium term correction to marked area of liquidity where I sense it will grab liquidity and activate buy stops of those who have their buy stops in place already, as well as taking out the stops of those who were on the right side of the trade but greed got the best of them and they did not close. Overall based on central bank rates of kiwi vs dollar, do not be discouraged, it will reset at lower marked area before taking off on a strong strong bull run in 2022.
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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.