NZDUSD
Fundys - has been bid recently from Trade war optimism, but we believe this is overdone, and with recent soft data, plus CB expectations baked in we expect to see a move to the downside.
Technicals - Price has come off a level of Monthly/Weekly Resistance. Short @6595. Target is key opposing level on the Weekly Chart @6480-90
Happy Trading
fxsurferguys
"Trading to live, not living to trade”
Fundys - has been bid recently from Trade war optimism, but we believe this is overdone, and with recent soft data, plus CB expectations baked in we expect to see a move to the downside.
Technicals - Price has come off a level of Monthly/Weekly Resistance. Short @6595. Target is key opposing level on the Weekly Chart @6480-90
Happy Trading
fxsurferguys
"Trading to live, not living to trade”