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NZDUSD - Potential Bulls

Long
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
AlkalineFX  
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Technical Indicators Wave Analysis NZDUSD Technical Analysis USD DXY priceaction technical_analysis sentiment
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trendanalysis indicator waveanalysis nzdusd technicalanalysis usd dxy priceaction technical_analysis sentiment
If we look closely into this pair we can see that a structural shift is taking place after the small descending trend line was broken. I will be monitoring how price holds in and around this area on the 15M time frame before considering any buys. It is also essential that you monitor the DXY before taking any pairs in conjunction with the dollar.

IG Client Sentiment - 62% Short
COT Data - 63% Short

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