Euro/Kiwi - Prices look like they are getting exhausted at these levels (within the 61.8 and the 76.8 fibos).Prices seem to be within this range since a few days signalling exhaustion of the prevailing uptrend.
Overall from a weekly and daily perspective we look in a downtrend and hence after receiving a few more bearish candles and MA crossovers to the downside - i will look into shorting this pair for targets closer to previous blue zones.
Overall from a weekly and daily perspective we look in a downtrend and hence after receiving a few more bearish candles and MA crossovers to the downside - i will look into shorting this pair for targets closer to previous blue zones.
