Its hard to predict what the news outcome will be......that's why we teach our students to rely on your analysis and your patterns. Using that method, I have looked at all my NZD pairs, the previous movements, indications, and current patterns(visible or building). On this pair...RSI has bottomed out...no MACD divergence.....the BEARISH moves seem to have weakened.....These seem to show that the NZD will strengthen. Remember, the news is just a tool that the Smart Money uses to manipulate the market...........that's why your analysis is the KEY.
If you have other ideas......please post them before the news in 1hr.
Good trading.............CATCH THE WAVE............AND RIDE IT!!!!
If you have other ideas......please post them before the news in 1hr.
Good trading.............CATCH THE WAVE............AND RIDE IT!!!!
