Hard to believe what everything happened in the stock market today just during 30 pips in NZD/USD
down and some 30 pips up. Considering we may well be reaching an important midterm top tomorrow by 0.8855 and then dip some 350 pips lower I am just wondering how equities will behave during this time. In every case Crude has broken already down, so it all may be quite funny, but mailny quick! If you look on the daily chart
from yesterday (attached) I still believe we are not complely done: in other words I am expecting quick move down to 0,85 until mide august and then a way up to 0,91/0,92...
I will short this pair tomorrow.