NZDUSD : BEAR OR BULL ?
NZD at a decision point or is it USD weakness ?
This pair is registering at the opposite ends of the daily strength and weakness table which could present some trend opportunities going forward.
A close below the previous daily candle could show a break of support with short setups. A close at the present level then PA to the upside with a close above 0.6490 could resume speculative buying to push up for a higher selling position around 0.6900.
This pair is registering at the opposite ends of the daily strength and weakness table which could present some trend opportunities going forward.
A close below the previous daily candle could show a break of support with short setups. A close at the present level then PA to the upside with a close above 0.6490 could resume speculative buying to push up for a higher selling position around 0.6900.
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