Going for Home Run
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.
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.