Potential short opportunity on NZDUSD on a 4 hour close below the trendline. Kiwi has completed a 5 wave impulse and price action shows that kiwi is running out of steam and if the fed decides to raise rates, this will make this an even more likely scenario to the downside.
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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.