EUR could probably rally against kiwi come next week if RBNZ doves in.
Potential entry but I would rather wait till next week! have a great weekend
GBPNZD is looking good for a short after yesterday's close posted a spinning top! Today, bulls have tested the high of that spinning top and it held. if today's bar closes below the spinning top high then we get a tweezer top confirming the bear bias. On the other hand, fundamentals could be the catalyst for the move down or it could annul the setup. Find entries...
Wait for momentum to hit overbought and U-turn wait for bearish candlestick formation
THIS PAIR OFFERS THE BEST TRADE ON ALL THE YENS! A NICE 100% RETRACE OF THE LAST DROP. IT MIGHT NOT MAKE IT TO THE TAKE PROFIT SO MANAGE WISELY. CHECK OUT OTHER YENS THEY ALL HAVE THIS SAME PATTERN OCCURING EXCEPT FOR EUR/YEN AND CHF/YEN.
THIS PAIR IS SHORT TERM BEARISH BUT LONG TERM BULLISH! BUYING ON PULLBACKS WILL HAVE THE MOST ODDS FOR SUCCESS. CAREFUL TRADING OUT THERE
Price at fib confluence level and resistance. And it's looking like it's done pulling pack and it's time for the next leg down. this has a potential to hand in +250Pips. I will advise to be aware of the CPI print @ 8:30am ET. Careful trading out there