- NZD FEATURE is currently down a bit. The main reason for this is that the MARKET RISK OFF in the previous days. Now there is a somewhat DOWN TRENDING nature. We can also cite the existing DOWN TREND in COMMODITIES as the main reason for the NZD DOWN TREND. Today the NZD FEATURE stands at 0.6227 LEVEL. The EUR FEATURE remains at LEVEL 1.0551.
- Currently...
On the higher time frame ( Daily ) we recently broke the structure of a lower trend line. When this happens traders normally wait until a retest of that trend line in order to make a decision to hop on for trend continuation. This is all i did here, but instead of just waiting for a retest of the trend line, i have put a few other rules in my plan for when this...
