I just wanted to share with you my new blog post on NZDUSD.
Read this first if you're trading it!
NZDUSD Buyers Have Work to Do
NZDUSD buyers are struggling to confirm the idea I mentioned last Thursday.
Last week I commented on the potential for a 200 pip rally from the New Zealand dollar. I even made a video about it on Thursday.
However, a key component of the potential inverse head and shoulders pattern was, and still is, a daily close above the neckline.
Check out the new post right here.
Be sure to leave a comment on the blog to let me know what you think.