Ive been watching the NZD/USD Monthly time frame for some time. Long term it is showing a bullish push towards the top of resistance about +2,500 Pips away....
The big question is this.... Will the NZD/USD push bearish towards support first? Something I'll be watching. I use the NZD/USD to help with the GBP/NZD direction. If the NZD/USD goes down... The GBP/NZD usually goes up.
Not always, but does help with short term trading decisions. What do you think?
The big question is this.... Will the NZD/USD push bearish towards support first? Something I'll be watching. I use the NZD/USD to help with the GBP/NZD direction. If the NZD/USD goes down... The GBP/NZD usually goes up.
Not always, but does help with short term trading decisions. What do you think?