I've been expecting the dollar to turn and come back down. I think it's finally coming looking at the overall picture metals, oil, and bonds. Also, The NZDUSD has negative divergence on the daily and is holding the big level of 0.70. The USDCAD also closed as a bearish engulfing pattern today, which suggest NZD/AUD strength. I'm expecting a move to 0.748 and then possibly 0.77. Stop lo is 0.70300.
Comment:
Nzdusd strength*
