The NZD/CHF pair has fallen quite a bit in the alst several days, and as the world is getting more and more risk-adverse, this pair will fall. The bounce on Friday makes sense, as no market goes in a straight line, but this could be a selling opportunity in the end. We are watching to see how price reacts at the 66 handle.
The NZD/USD has fallen far in the last few days, and the 0.85 level has been broken. As we have bounced, we fell just short of this area. It is a crucial area for the bulls, and they simply must reclaim it. If not - we go much lower.
Create a FREE account