Hi guys, the NZD is headed neared over-bought. Not sure why, but it is. Kind of a random move for this currency, so I figured I would post an update.
What does this mean? Nothing long term. The NZD has a ton of room to run long term (bottom chart), but the NZD will bounce soon on the short term. Wait for the pull back, then enter if you are buy the NZD.
This is not investment advice, just my opinion(s). Please trade accordingly.
Trade safe and keep an eye on news.
What does this mean? Nothing long term. The NZD has a ton of room to run long term (bottom chart), but the NZD will bounce soon on the short term. Wait for the pull back, then enter if you are buy the NZD.
This is not investment advice, just my opinion(s). Please trade accordingly.
Trade safe and keep an eye on news.
