NZDUSD Short
NZDUSD has surged to the upside due to RBNZ being more hawkish, however volume has subsided and I expect a short back to .72000
1. The previous times the kiwi has risen due to RBNZ a few days later it dropped back below where it rose from. (looking for a repeat)
2. Sell volume has been increasing
3. Kiwi is still range bound and with USD gaining strength - kiwi at top of range, this increases the probability of a short trade
This is not financial advice. This is for educational purposes only
1. The previous times the kiwi has risen due to RBNZ a few days later it dropped back below where it rose from. (looking for a repeat)
2. Sell volume has been increasing
3. Kiwi is still range bound and with USD gaining strength - kiwi at top of range, this increases the probability of a short trade
This is not financial advice. This is for educational purposes only
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