NZDUSD - Bearish Bias
NZD - Weak Bearish
1️⃣ A negative market environment can depress high-beta currencies such as the NZD.
2️⃣ The NZD was also weighed down by weak economic data from China on Wednesday.
USD - Strong Bullish
1️⃣ Risk-off sentiment in the market benefits safe-haven currencies.
2️⃣ Investors remain concerned about the global economic slowdown amid the spread of the Delta variant COVID-19.
3️⃣ US retail sales for August are expected to increase on the back of increased wage growth in the country.
4️⃣ The New York Empire State Manufacturing Index jumped to 34.3 in September of 2021 from 18.3 in August and well above market forecasts of 18
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Technical
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We are selling the NZDUSD after it failed to break resistance.
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Risk to this trade
=====
Any change in sentiment could turn the pair's direction.
Don't forget to like, comment, and subscribe for more ideas.
1️⃣ A negative market environment can depress high-beta currencies such as the NZD.
2️⃣ The NZD was also weighed down by weak economic data from China on Wednesday.
USD - Strong Bullish
1️⃣ Risk-off sentiment in the market benefits safe-haven currencies.
2️⃣ Investors remain concerned about the global economic slowdown amid the spread of the Delta variant COVID-19.
3️⃣ US retail sales for August are expected to increase on the back of increased wage growth in the country.
4️⃣ The New York Empire State Manufacturing Index jumped to 34.3 in September of 2021 from 18.3 in August and well above market forecasts of 18
=====
Technical
=====
We are selling the NZDUSD after it failed to break resistance.
=====
Risk to this trade
=====
Any change in sentiment could turn the pair's direction.
Don't forget to like, comment, and subscribe for more ideas.
交易進行
註釋
✅ Close Manually at 0.70400+55 PIPS
Clear orders ahead weekend.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。