#nzdusd, pair forming higher high in daily and weekly time frame, 13th May Inside bar early indication for bullish reversal, while 16th Insurance bar confirmed strength ahead. suspect medium term bullish. NZD bearish extreme for five year net positions so expecting strength in nzd for medium term. stop loss below 0.6850.
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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.