NZDUSD set to fall
On the Daily time frame it is important to note that the market has broken the support and turned into resistance by testing it. On the 240 min Time frame, we see that we have a very nice opportunity to go to the downside. Fundermentaly speaking NZD has being bought by the big guys in the market, But in the short term, there is a slight decrease according the last COT report, which is perfectly with our current analysis.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.