Hawkeye_Analytics

NZDAUD displays a Bullish tendency following 8 down days

Long
SAXO:NZDAUD   New Zealand Dollar/Australian Dollar
The NZDAUD has just recorded 8 consecutive down days. Since 1982, sustained weakness of this length has been observed on 12 previous occasions. Over the next 17-days, following these episodes, NZDAUD displayed a reversal tendency, with an average gain of 1.6% & win rate of 10 from 12.

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