USDNZD: Continuation to the upside?
I think we may see a continuation pattern to the upside, maintaining the dynamic trendline.
I'm expecting USD strength this week looking at DXY, and NZD remaining vulnerable. Even though NZD performed better at the end of last week, I still expect this cross to grow to the resistance where we may well see a double top and reversal.
I'm looking for an entry point using LTF's around the 61.8% fib of the last impulse move.
I'm expecting USD strength this week looking at DXY, and NZD remaining vulnerable. Even though NZD performed better at the end of last week, I still expect this cross to grow to the resistance where we may well see a double top and reversal.
I'm looking for an entry point using LTF's around the 61.8% fib of the last impulse move.
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