The last days of 2020 and the beginning of 2021 found NzdUsd in a strong bullish mood, with the pair gaining almost 5% in a very short time.
This new leg up looks exhausted and prices above 0.73 attract sellers like a magnet.
I believe a correction is just around the corner and, in my opinion, rallies towards 0.73 should be sold.
My target for such a trade is 0.7150 and even in a new high scenario I don't see much room to the upside for Kiwi
This new leg up looks exhausted and prices above 0.73 attract sellers like a magnet.
I believe a correction is just around the corner and, in my opinion, rallies towards 0.73 should be sold.
My target for such a trade is 0.7150 and even in a new high scenario I don't see much room to the upside for Kiwi
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.