Greetings Fellow Traders,
NZDUSD had a powerful finish to it's trading session on Tuesday to close below a Daily Bearish strength trend line....it also put it right at the key support. Expect the support to give way in the next 24 hours and us to make a run for the .62000 lows..
I'm not going to post the analysis for them, but that will also mean a rise for GBPNZD to near 2.23000 (we need to see if it breaks past this level first) and EURNZD to 1.73000....at which point I am going to expect a correction of bigger proportions on both of those crosses.
Good Luck and Happy Pipping!
Feel free to comment/like/follow
NZDUSD had a powerful finish to it's trading session on Tuesday to close below a Daily Bearish strength trend line....it also put it right at the key support. Expect the support to give way in the next 24 hours and us to make a run for the .62000 lows..
I'm not going to post the analysis for them, but that will also mean a rise for GBPNZD to near 2.23000 (we need to see if it breaks past this level first) and EURNZD to 1.73000....at which point I am going to expect a correction of bigger proportions on both of those crosses.
Good Luck and Happy Pipping!
Feel free to comment/like/follow
