It pays to pay close attention to the market for subtle clues
here is an interesting one
GBPNZD - coming down off the highs 100+ so far
EURNZD - Coming down off the highs 30+ so far
NZDUSD should be appreciating with this action in the crosses
but its stuck basically doing nothing
so what do we duduce from this
A - NZDUSD is heavy its going to coming down, if it can't rally while the crosses are going down then the upside is done and the levels we spoke off will be next 6735 and 6594
Simon
here is an interesting one
GBPNZD - coming down off the highs 100+ so far
EURNZD - Coming down off the highs 30+ so far
NZDUSD should be appreciating with this action in the crosses
but its stuck basically doing nothing
so what do we duduce from this
A - NZDUSD is heavy its going to coming down, if it can't rally while the crosses are going down then the upside is done and the levels we spoke off will be next 6735 and 6594
Simon
99% of Traders fail, so don't follow the herd