NZDUSD

27 nov. 2020

Similarly to the Swiss Franc in the other direction. Too many people are net short on this already. 73% of retail at the time of writing. Asset Managers are 68% Long so we will wait for data tonight.

Leveraged money has started to move short. But still favoring long.

The interesting date for the cycle is Monday. So a couple of days after that would make some sense. But expect the rise to move a little more before a short entry.


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27 nov. 2020

Note

9 déc. 2020

Note

we have had the drop, now the retest - don't be surprised if it pokes above the zone first.