After a massive sell some recovery
I have spotted this ascending channel and I will follow it as long as we keep trading inside. Previous supports turned to be resistances now.
I am somehow cautious now with this pair due to fundamantal reasons as Europe has stated that won't hike interest rates in 2022 and that could be the main strength for the Kiwi Dollar to retest previous lows as well.
Step by step trading is the most effective in such cases and waiting for the big reversal signal.
Cheers
I am somehow cautious now with this pair due to fundamantal reasons as Europe has stated that won't hike interest rates in 2022 and that could be the main strength for the Kiwi Dollar to retest previous lows as well.
Step by step trading is the most effective in such cases and waiting for the big reversal signal.
Cheers
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