This may become my new favorite base currency to trade after the NFA has made margin requirements alterations. I like trading with the cheaper base pairs to keep my capital at risk as affordable as possible. At least that is how I see it.
If USD bullish sentiment continues I see the Kiwi continuing down to the 7261 level by the end of the month. I will be using RicardoSantos' MurreyMathLevelChannel indicators to assist is shopping for value.
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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.