In this video update, we look at the NZDUSD price as it sits back at the key demand zone.
We could see some short-term strength here if the USD weakens significantly in the coming days.
Price could head back to the middle of the range and we are looking for any signs of bullish price
action like a double bottom pattern for example. If we see any 4hr cycle changes we expect a move higher.
We could see some short-term strength here if the USD weakens significantly in the coming days.
Price could head back to the middle of the range and we are looking for any signs of bullish price
action like a double bottom pattern for example. If we see any 4hr cycle changes we expect a move higher.