I went long at 0.7760
short term trend is USD positive, but NZD, though it was overvalued well above 0.80, was the worst currency this week (-7.05%) and the second worst after CHF this month (losing almost 8% of its value).
I believe buyers would return on the market next week on commodities and commodities currencies, maybe after two - three days of consolidation and some more downward stop hunt potency
short term trend is USD positive, but NZD, though it was overvalued well above 0.80, was the worst currency this week (-7.05%) and the second worst after CHF this month (losing almost 8% of its value).
I believe buyers would return on the market next week on commodities and commodities currencies, maybe after two - three days of consolidation and some more downward stop hunt potency