NZDUSD - Great Setup
For the moment it is crucial to stay patient to see how the dollar, as well as the NZD, will react to the market open. I have illustrated the next potential move for NZDUSD, for the moment price looks like it's stuck and consolidating, if the price breaks out of the trend line and starts to trade below the key level marked, I will consider changing my bias to bearish.
COT Data - 64% Short
COT Data - 64% Short
Related publications
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.