We are buying kiwi. we expect nzd to regains some of yesterdays loss
Short NZDUSD on weekly downtrend line. Down to 61.8 @ .66000 FX:NZDUSD
NZDUSD Daily Perspective - October highs - Weekly tl - 200 ema - Ascending channel - Potential ABCD - Strong bullish weekly candle Would like to see how we react at this level.
3 MONTHLY ANALLYSIS - The last candle produced was a BULLISH ENGULFING candle off a major support level. - suggests a bullish year is ahead for the kiwi - alignment with bounce from MONTHLY 61.8 FIB LEVEL THIS IS A LONG TERM TRADE - HIGHLIGHTED AREAS USED AS MANAGEMENT POINTS