NZDUSD Short idea

COT Report
- Non Commercials are reducing there position in NZD, showing weakness in NZD.
- Non Commercials are much neutral in USD, showing steadiness to strength in USD>

Endogenous Factors
- NZD score after all indicators moved from +4 to -2 in last three months.
- USD score remains stable and mix making it neutral.

Exogenous Factors
- NZD is looking weaker against USD in exogenous factors as shown.