USDNZD: Weakness At Major Level- Continuation Expected #Forex

FX_IDC:USDNZD   U.S. Dollar / New Zealand Dollar
158 2 5

seeing some genuine weakness here at the 200MA. I think the small wave move will complete, forcing us into a technical death cross situation. After that, I expect a MA test and a roll over for the second time into the deeper correction, going from a mark down, into a real correction, probably seeking the mean price.

Best of luck


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Terrific. Inverted chart also helps distance yourself from the biases.
+1 Reply
I hope for a bit more bear impulse to line up into January, get a pullback of no substance then profit on the short again, into the mean
+1 Reply
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