NU has officially flipped to bullish structure on the weekly.
With most of the US exploding with covid cases and New Zealand having handled the virus situation so NZD strength and USD weakness makes sense.
On the technical side, we have this zone of support that is being greatly respected.
I entered on strong M15 bullish close at 9am.
With most of the US exploding with covid cases and New Zealand having handled the virus situation so NZD strength and USD weakness makes sense.
On the technical side, we have this zone of support that is being greatly respected.
I entered on strong M15 bullish close at 9am.
Trade closed: target reached