Whats really going on with NZDUSD and whats next

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
33 0 6
When just seeing this chart one could argue that the Kiwi is still on a Macro bull trend with its higher highs and higher lows. Even tho years and many smaller trends passes by in between them. But we cant trade that way or we will die of old age sitting and waiting for entries.

Price hit a major target back in July 2011 and revisited that area in July 2014 and from there it started its downward move. Price has now reached an interesting zone where it is very close to reach its median fair value.
I will go in and place some long trades soon. But only when I see clear reversal signs. I will pinpoint that and trade it on the Daily. Price has a clear target above and once it gets there we will find out more to see if this is still a macro bull trend or not.

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out