NZDUSD - COT: STRONG BEARISH SENTIMENT // Interest Rate: 1.75% (last change – November 9, 2016)
W1: Downtrend consolidating in the demand zone.
D1: Broken DTL and retested demand zone could move price to to 0.688. Nice Pinbar
H4: Downtred which seem wants to break up
Levels to watch:
Supply: 0.767704, 0.6.8353, 0.688
Demand: 0.67094, 0.67418, 0.67559
Kiwi is reacting at daily and weekly demand zones. Banks closed massive ammounts of longs when contracts ended and they sitll reducing longs. Last week minus 1K and – 1K shorts. We are 75% on shorts. This pair will not go to much up. Banks still could také the price higher with hedging, but it will be only pure manipulation to make better price for more shorting.
W1: Downtrend consolidating in the demand zone.
D1: Broken DTL and retested demand zone could move price to to 0.688. Nice Pinbar
H4: Downtred which seem wants to break up
Levels to watch:
Supply: 0.767704, 0.6.8353, 0.688
Demand: 0.67094, 0.67418, 0.67559
Kiwi is reacting at daily and weekly demand zones. Banks closed massive ammounts of longs when contracts ended and they sitll reducing longs. Last week minus 1K and – 1K shorts. We are 75% on shorts. This pair will not go to much up. Banks still could také the price higher with hedging, but it will be only pure manipulation to make better price for more shorting.
Benefit from my personalized mentoring and FX signals to enhance your trading journey.
🎯 FX Signals www.fxhunterwealth.com/
🎓 Mentoring www.fxhunterwealth.com/one-to-one-mentorship/
🔵Telegram - t.me/fxhunterwealh
🎯 FX Signals www.fxhunterwealth.com/
🎓 Mentoring www.fxhunterwealth.com/one-to-one-mentorship/
🔵Telegram - t.me/fxhunterwealh