NZD/USD Short to news cooling and RSI overbought
We have seen a sharp decline on the USD index due to trade war headlines.
This has pushed ***/USD pairs to overbought conditions when looking at the RSI on the daily.
RSI is bound to cool off and the news impact to start fading.
Will be looking at capitalizing on this if we get confirmations on the 4h time frames on the currency pairs and the USD index.
This has pushed ***/USD pairs to overbought conditions when looking at the RSI on the daily.
RSI is bound to cool off and the news impact to start fading.
Will be looking at capitalizing on this if we get confirmations on the 4h time frames on the currency pairs and the USD index.