Kiwi to start a counter-trend rally
Kiwi is in a lower boundary of a downward channel and is massively oversold. I don't think it can keep going down before starting a counter-trend rally. In medium term, I also see limited downside potential before a sharp upward movement.
Good luck,
Ali Sharifazadeh, CFTe
Good luck,
Ali Sharifazadeh, CFTe
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.