NZD/USD

i wonder how much over selling is going to happen

0.64623 zone

Short answer, yes.

I do, however, think that the pair is oversold in the near-term. Generally speaking, when there is prevailing sentiment in the market, the pair will rebound and screw the people who are late in chasing the broader trend. So a long answer to your question is that the pair will probably move back up toward support-turned-resistance ~.6700 before any kind of significant test of the ~0.6250 level.

it seems this bearishness has not yet stopped even though we in oversold areas.i wonder when we shall start moving from consolidation

scalpers am d1 candle.
the friday's day was successful.
by monday you have to wait, situation.
have to wait.

We may see a small push upward (hopefully not as I'm currently short) due to E/U being at potential trendline support, although the trendline I'm referring to is not that established

It does look we are in BEAR mode again until it comes towards 0.66

Howdy Fellas,

Happy trading. Could you please share current spread on your broker for the pair ? Thanks in advance. Just trying to compare my broker crazy spread with others

sold. 0.6677.
even if it is Friday.

long term & medium term bear remain intact but short term after bo & on one support trying to bounce back not done yet , selling carefully still at the level/ bo tl it test now .prove bo & hold daily close over 0.6710/ high 0.6725 to bounce more towards 0.71 or more , till then short term bear also in favour ,take care

closed. 0.6646

https://www.forexfactory.com/showthr...7#post11514207

tomorrow important news they are coming.

Place your bets! XD