More & more leveraged funds are moving their positions in order to short the NZD against the USD.
We can see it with the COT and the flip made 4 weeks ago.
Ok the nzd is rising and the usd is weak but what you need to understand is why leveraged are moving their funds ? Follow the smart people and not the gurus on instagram or whatever.
If we summarize :
-Big flip (negative to positive) 4 weeks ago with a big part of leveraged which are long on usd (against NZD).
-We are reaching a big supply/demand area (close to 0.65)
-The usd will be strong soon and you will understand why.... (The gurus will always talk about a pivot but where is it ? Is it for real or just an illusion ?).
Oh and yes I forgot to say that we're already in RECESSION, stop listening to these lies !!!!!
This is not a financial advice (or a price to enter) but a real analysis, you need to understand how hedge funds and professional are working.
We can see it with the COT and the flip made 4 weeks ago.
Ok the nzd is rising and the usd is weak but what you need to understand is why leveraged are moving their funds ? Follow the smart people and not the gurus on instagram or whatever.
If we summarize :
-Big flip (negative to positive) 4 weeks ago with a big part of leveraged which are long on usd (against NZD).
-We are reaching a big supply/demand area (close to 0.65)
-The usd will be strong soon and you will understand why.... (The gurus will always talk about a pivot but where is it ? Is it for real or just an illusion ?).
Oh and yes I forgot to say that we're already in RECESSION, stop listening to these lies !!!!!
This is not a financial advice (or a price to enter) but a real analysis, you need to understand how hedge funds and professional are working.