This could be a great spot for day traders or for a short term reaction 25-50 pips.
Be careful as there is a lot of pressure down. However plenty will take profit and will be looking for a spot to do so. They had a huge short move.
If I have the reaction, I will pocket my gains today as I am expecting the sell to resume based on the NZD news re. interests.
Be careful as there is a lot of pressure down. However plenty will take profit and will be looking for a spot to do so. They had a huge short move.
If I have the reaction, I will pocket my gains today as I am expecting the sell to resume based on the NZD news re. interests.