VasilyTrader

NZDUSD: The MOST BULLISH Pair of 2020

Long
FX:NZDUSD   Dollar Néo-Zélandais / Dollar Américain

In 2020 NZDUSD naturally kills pullback & counter-trend traders.
Since March the pair is sharply bullish and breaks one resistance after another without any hesitation.
32% net growth. Crazy...

I have tried a couple of times to short the pair but realized that bears simply refuse to push.

Now the closest major resistance is based on 0.74 - 0.755 resistance cluster.
That area is based on 2016th's, 2017th's, 2018th's highs.
I will consider short opportunities only from that area.

For buying, I would recommend waiting for a pullback because the pair looks quite overbought.

Why NZDUSD is so bullish? What do you think?

Please, support this idea with like! Thank you!

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.