Hourly. Check daily as well. Similar to past setup.
Hi, Just saw a good technical setup if you are looking to enter long position fundamentally. I would enter at this price. 22.60ish with SL @ 22 and TP1 @ 26 TP2 @35.
Looks like DXy has completed a head and shoulders reversal pattern. MAs crossed over. MACD in bullish momentum. Could go test 96.60 (200 day MA) and go beyond to 97.50ish
Please see comments on chart Short Entry @ 1.1810 SL @ 1.19100 TP @ 1.15.200 Good Luck!!!
NZDUSD could be making a simple ABCD pattern on daily. RBZ was dovish on NZD. They even see inflation going down in coming months. I don't think there will be any removal of stimulus until 2019. On the other hand, US data was strong. GDP went up. manufacturing index is green. USD seems to get strength back in near term. Perfect mix for shorting NZDUSD.