index watch - euro - nzd daily

supply and demand analysis

using custom indexes - looking to short nzd against eur if both indexes correlate ie both pull back into daily zones

i like use indexes to check overall strength of a currency, in this example using sup/dem method eur is in an uptrend , nzd is in a down downtrend

the BUT - parts is will they correlate regarding pullbacks to their respective daily zones

if you like the idea please let me know - i will share other index ideas