The New Zealand dollar fell during the course of the session on Monday, but bounced a bit in order to fill the gap and then perhaps try to reach towards
The New Zealand dollar fell during the course of the session on Monday, but bounced a bit in order to fill the gap and then perhaps try to reach towards the 0.73 level. At this point in time, if we can get some type of exhaustive candle, I’m willing to start selling. On the other hand, if we can break above the massive candle from Friday, and that means that the market is going to continue to go higher. One thing you can count on at this point in time, you more than likely will see a lot of volatility.
Chris is a proprietary trader with more than 20 years of experience across various markets, including currencies, indices and commodities. As a senior analyst at FXEmpire since the website’s early days, he offers readers advanced market perspectives to navigate today’s financial landscape with confidence.
