I like this SHORT
Possible H&S formation, though not at a top of recent prices.
NZD data coming out in an hour.
News data seems to point bearish on NZD, regardless of today's GDT announcement and recent PM comments on 'feel good' economy in NZ.
Set up for USD's FOMC news on Thursday. If this fails, probably will not do anything more.
Look for CANDLE PIN for confirmation, or not and take a SHORT now.
NZD data coming out in an hour.
News data seems to point bearish on NZD, regardless of today's GDT announcement and recent PM comments on 'feel good' economy in NZ.
Set up for USD's FOMC news on Thursday. If this fails, probably will not do anything more.
Look for CANDLE PIN for confirmation, or not and take a SHORT now.
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.