NzdUsd was traded in a range all week, with a clear base at 0.6620 and a top at 0.67. A short spike above resistance occurred on Thursday which proved to be a false break and the pair reversed aggressively after that just to finish the week in 0.6625 support and also the low of the week. I believe that NzdUsd fount at least a medium-term top and rallies should be sold. 0.6670-0.6680 is my interest zone for selling this pair
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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.