The NZDUSD price is still playing the trend of going down, just like the other pairs with USD. And also, there might be a possible retracement next week given the fact that it looks exhausted on the indicators that we are using.
However if we are going to look at the higher timeframe, it still looks bearish and just the start of it. I just said it might reverse next week because there is no pair that goes one direction, retracement is always part of it.
PS. I am a swing trader and that is why I am saying it haha
However if we are going to look at the higher timeframe, it still looks bearish and just the start of it. I just said it might reverse next week because there is no pair that goes one direction, retracement is always part of it.
PS. I am a swing trader and that is why I am saying it haha