Hey Traders,
It seems the market sentiment is shifting and we are seeing some safe haven flows.
The NZD appears to be in 'overbought' territory and I believe we are going to see some downside movement from here.
I am now live in this position with downside targets being 68.20 (90% rule & structure) & 67.22 for extended (-27 & Daily EMA)
Trade safe : )
It seems the market sentiment is shifting and we are seeing some safe haven flows.
The NZD appears to be in 'overbought' territory and I believe we are going to see some downside movement from here.
I am now live in this position with downside targets being 68.20 (90% rule & structure) & 67.22 for extended (-27 & Daily EMA)
Trade safe : )
Trade active
Risk removed
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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.
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.