lesquu

lesquu

Dollar Bearish thesis and structure still remains. NZD also has an encouraging economy growth as compared to the other Developed Market economies for now. RBNZ also one of the more hawkish central banks currently. Chart structure also presents a clear rejection of the Daily Box. Described in the chart above. Good breakout above Daily Box with healthy Volume....

lesquu

Price stuck in a Monthly Range, between the 1.55 -2.28 region. Range lasting from 1st September 2015 until today, very huge area. Weekly showed rejection of the 1.7400 levels, which started a mini Weekly Range from June 2020 onwards as well. Thus, a range within a larger range trade. Patiently waiting for a breakout if it happens. If price manages to break above...