NZDUSD - BEARISH PRESSURE CONTINUES?
NZDUSD has recently formed a double top and pushed to the downside after bearish pressure took control. After breaking the previous support I am now looking for this pair to re-test the area, now acting as resistance before another possible push to the downside. COT Data is showing an overall strength in the USD while NZD looks to be overall short.
Seasonals as stated before show that it is common for the USD to strengthen coming into the month of October. While NZD has short term bearish movement
Seasonals as stated before show that it is common for the USD to strengthen coming into the month of October. While NZD has short term bearish movement
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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.