As previously quoted, NZDUSD is heading upward based on monetary currency band analysis and supported by economic and financial bands analysis (economic, financial and exchange rate equilibrium analysis).
The upward directional movements could be pressured down to lower bands of weekly and monthly terms before resumed to upward to visit her upper medium-term band. The downward pressures driven by news, rumors, commentaries, opinions, speculation and the like become the opportunity to trade the weekly and monthly bands for high frequency trading operation. The medium term is low frequency trading operation. Daily band is only recommendable for "daily option trading" and trading operation must be consistently "long/long/long" and not recommended to look for the opportunity for sell/sell/sell by the temporary pressures that driven by the news, rumors, commentaries, opinions, speculations and the likes as they are "high risk". Long/long/long is low risk to risk free by managing the stop loss.
The upward directional movements could be pressured down to lower bands of weekly and monthly terms before resumed to upward to visit her upper medium-term band. The downward pressures driven by news, rumors, commentaries, opinions, speculation and the like become the opportunity to trade the weekly and monthly bands for high frequency trading operation. The medium term is low frequency trading operation. Daily band is only recommendable for "daily option trading" and trading operation must be consistently "long/long/long" and not recommended to look for the opportunity for sell/sell/sell by the temporary pressures that driven by the news, rumors, commentaries, opinions, speculations and the likes as they are "high risk". Long/long/long is low risk to risk free by managing the stop loss.
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