- NZDUSD is high at the moment and we expect a reversal set up this week as both currencies are at extremes on the strength and weakness table.
- NZD Commitment of Trader reports highlight a significant short position by the commercials which typically leads to a reversal. The daily timeframe could be forming a double top pattern.
- NZD Commitment of Trader reports highlight a significant short position by the commercials which typically leads to a reversal. The daily timeframe could be forming a double top pattern.
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