Although all currencies have strengthened with USD, NzdUsd can't go above 0.6680 zone.
This gives me a reason to be bearish this pair and believes that at the first sign of USD strength NzdUsd will fall the hardest.
On the short term, rallies should be sold with a first target at 0.66
Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.
Like this article? Show your appreciation by sending a tip to the author.
Leave Your Message Now