New Zealand Dollar / U.S. Dollar

At an interesting spot

By mortdiggiddy

Updated

Back to CAM Year Pivot S3 and pitchfork 50% line. Fully rejected major pitchfork that goes back years.

Note

Keep in mind that May on average sees a bottom in USD based currencies in the middle of the month. However, May is the strongest DXY month of the year.

ig.com/uk/trading-opportunities/seasonal-trends-in-the-forex-market-39690-170905

Note

charts.equityclock.com/euro-forex-fxeur-seasonal-chart

Note

Closer look

snapshot

Note

snapshot

Note

First target is near Year Pivot (cyan line) and the 200 Day and 200 Week SMA which all happen to be right in the same zone.

snapshot

Find the edge.

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