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xtrader1
Dec 3, 2022 2:24 PM

SEASONALLY NZD STRONGEST MAJOR vs USD in DEC Long

New Zealand Dollar vs US DollarPepperstone

Description

- Seasonally spoken NZD is supposed to be the strongest amongst the Majors
- USD is supposed to weak in DEC
- Seems like Institutions bought below 0.5750
- Looking for an offset 1000 pips higher above 0.6750
- 0.6250 = Previous Year Middle = Imbalance = GAP = Support
- Volume preceeds price on the Daily
- COT shows Asset Managers accumulationg longs and distributing short since NOV

COT VISUAL: images2.imgbox.com/ec/1a/jGK4AX38_o.png
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