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KarYong
Apr 15, 2017 4:53 AM

2017 Week #16 - NZDUSD Bullish Bias Long

New Zealand Dollar/U.S. DollarFXCM

Description

With the recent uncertainty in the global markets, we might see a risk-off pressure pushing the comdolls lower. Next week the only risk event to take note for Kiwi is GDT Price Index.

COT is showing sell-side bias, but the index is at oversold -> cautious of shorts.

This week trade plan is to look for buy opportunities.

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