Recent Commitment of Traders Report highlights continued investment of institutions on the kiwi. The pair is trending over the 20 and 200 period EMAs on the H1 to D1 charts. Momentum is reinforced by bullish Weis Waves from H1 to H4.
Moderate market structure resistance within 80 pips may stall growth but I expect this to be breached with ease.
Moderate market structure resistance within 80 pips may stall growth but I expect this to be breached with ease.