AUD/NZD waiting for any pullback or consolidation, then LONG
We are waiting for any sort of pullback or consolidation. Considering the recent fundamentals, nzd remains bearish. I hope to see a pullback at the 0.618 fib to get a long position. If we see a pullback at the 0.50 fib we can also have a Long entry with a short term target at the 0.618 fib, but i don't think it will happen, momentum is too bullish.
Disclaimer
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.