New Zealand V Dollar Forecast November 2017

As with my other Dollar pairs I'm expecting an ending to the current 4th wave on DXY therefore we should see a push up in this pair. Once the A wave on DXY is complete we should see it out in some sort of B wave and pushing back down on this pair, There is a lot can happen in the mean time so let's take it one step at a time. I'm looking for a long trade on this pair and hopefully we'll see it go all the way to the top of the channel before reversing.

I'll update my ideas as they develop
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This is not investment advice - it is purely for educational and discussion purposes.
Your Ideas, comments and questions welcome

Good luck Steve Nixon

Commentaire:

Commentaire:

This is crawling up and looking like it wants to push down for one more wave. I will not trade it short as the big move that I'm waiting for is long.