Kiwi is not bullish yet. Banks still having 5 times bigger shorts positions than longs. And they will want to take profits lower on the Lower band of descending channel.
Check how the net positions are in the extremes and shorts too. They already accumulating the longs. Stil more 100 pips down is possible.
Check how the net positions are in the extremes and shorts too. They already accumulating the longs. Stil more 100 pips down is possible.
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