NZD/USD bulls could be about to make a move, scalp opportunity
NZD/USD bulls could be about to step in following an early Asian slide due to the trade deficit hitting a record high.
Tokyo will be an interesting feature in today's market.
If the equities start off on the right foot in Tokyo on the heels of a positive close on Wall Street, then we could see a move higher in the kiwi.
Looking for a bearish correction DXY as well.
Nothing to do until we see some bullish structure first, so let's wait and see how Tokyo reacts to the volatility that happened overnight. PS, US yields need to stay down!
The following illustrates such prospects in the form of a video and images.
Tokyo will be an interesting feature in today's market.
If the equities start off on the right foot in Tokyo on the heels of a positive close on Wall Street, then we could see a move higher in the kiwi.
Looking for a bearish correction DXY as well.
Nothing to do until we see some bullish structure first, so let's wait and see how Tokyo reacts to the volatility that happened overnight. PS, US yields need to stay down!
The following illustrates such prospects in the form of a video and images.
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stay down 2 years
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Order cancelled
Chinese President Xi and Russian President Putin to attend G20 in IndonesiaThe news dropped in the open of Tokyo... The prospects are that this could stir up some geopolitical angst given the Ukraine crisis, so the dollar goes bid, risk-off...more on!
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** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea!
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Come on over to my YouTube channel and Level Up your trading! 💸💸💸💸💸 @RJBforex, Like and Subscribe!
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Come on over to my YouTube channel and Level Up your trading! 💸💸💸💸💸 @RJBforex, Like and Subscribe!
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.