UGTraders

NZDUSD - Distibution sideways!

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Hello my dear friends,

NZDUSD having a down slippage without accumulating the necessary bullish momentum to rise into higher levels.

Also showing a bearish momentum withdrawing which suggest that this currency pair would have a neutralize effect that could be translated into sideways market.

If you love sideways periods for your oscillation indicators, then have fun :)

Good luck, and to be updated...

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