1). Volume spiked with very likely long positions! 2). Banks are "Buying!" 3). Correction is likely over! 4). The price action broke trend! 5). Looks like 200% off the bottom is in store for the rise @ .61354!
Note
US Jobs report came out better, which lessens the chance of a July rate cut, which strengthens the $, although the "KIWI" is a safe haven, and likely why the pair is rising in value!
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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.