We truly believe we are going to see another leg down to finalise a large-stop hunt on buyers.
Once we breakout past 0.61130 there is clear confirmation for us to begin taking our short positions. With NZD losing strength overall for the year, we can expect more leg down after each suppression zone.
NZDUSD is definitely one to watch out for! Avoid touching it until we get out of this messy range on the lower timeframes.
Once we breakout past 0.61130 there is clear confirmation for us to begin taking our short positions. With NZD losing strength overall for the year, we can expect more leg down after each suppression zone.
NZDUSD is definitely one to watch out for! Avoid touching it until we get out of this messy range on the lower timeframes.