Let see the Kiwi in details using 1 minute chart. I am trying to use it to correlate with the euro dollar. It finished the last wave up @0.8062 perfect 1.272 fib levels. Good ending diagonal then break to make 1 or A then a Flat correction 2 or B and we have nice W perfect 1-2 to scalp some pips down (50-70)pips. The W to be perfect should go higher first before go down, but could be complete now.
So If this could happen in the Kiwi may be the euro could go down some pips too, or the Aussie Retails after could hurt the kiwi too. The Retails should be bad for the aussie.
Well, these are a few ideas a have in mind.
By the way I am short in Kiwi 0.8015. I am underwaters now
So If this could happen in the Kiwi may be the euro could go down some pips too, or the Aussie Retails after could hurt the kiwi too. The Retails should be bad for the aussie.
Well, these are a few ideas a have in mind.
By the way I am short in Kiwi 0.8015. I am underwaters now
Stocktwit: LuisCarlos - twitter: @lcparodi