NEW ZEALAND DOLLAR - CHICAGO MERCANTILE EXCHANGE
Commitments of Traders - Futures Only, July 16, 2019
Non Commercial
Long - 10,839 - Changes in Commitments - ( 355 )
Short - 28,158 Changes in commitments - ( -4,531 )
Based on the changes in commitment from the short positions, we can expect the NZD to keep gaining vs a currently weak USD.
Kathy Lien @ Investing.com breaks down the USD
investing.com/analysis/dollar-slips-nzd-hits-3month-highs-200440984
investing.com/analysis/5-reasons-why-traders-are-selling-us-dollars-200441542
I'm expecting a slight pullback or the market to open up on 07/21/19 in the middle of the 61.8 FIB - 71 FIB
Also the key psychological support @ 0.67 is resting right at the 71% FIB Retracement
Expecting it to touch daily support, 2 different Buy Limits have been drawn out to catch this trade.
Commitments of Traders - Futures Only, July 16, 2019
Non Commercial
Long - 10,839 - Changes in Commitments - ( 355 )
Short - 28,158 Changes in commitments - ( -4,531 )
Based on the changes in commitment from the short positions, we can expect the NZD to keep gaining vs a currently weak USD.
Kathy Lien @ Investing.com breaks down the USD
investing.com/analysis/dollar-slips-nzd-hits-3month-highs-200440984
investing.com/analysis/5-reasons-why-traders-are-selling-us-dollars-200441542
I'm expecting a slight pullback or the market to open up on 07/21/19 in the middle of the 61.8 FIB - 71 FIB
Also the key psychological support @ 0.67 is resting right at the 71% FIB Retracement
Expecting it to touch daily support, 2 different Buy Limits have been drawn out to catch this trade.
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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.
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.