$NZDUSD: Short setup in the daily

٢ نوفمبر ٢٠٢١

Always keen on having some uncorrelated trades to generate returns with potentially...I'm short the Kiwi dollar here, worth a punt as it might erase the recent multi week advance next as it remains range bound for the most part. The NZDCNH and JPYCNH pairs are reversing, coinciding with weakness in USDJPY, EURJPY, AUDJPY, NZDJPY, AUDUSD and NZDUSD. There's a chance that the recent moves in currencies are reversed overall.

Best of luck!

Cheers,

Ivan.

٥ نوفمبر ٢٠٢١

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