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Looking for a long position in NZDUSD

by Neville Hornsey
17 September 2021
in Forex
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Yesterday the NZDUSD swept the intraday lows that had been acting as support, but today’s price action is indicating positive flows into the commodity pairs likes the Aussie, Kiwi and CAD which could push these currencies higher against the US dollar.  We have to be mindful that old support can become resistance, so I am looking for a continuation trade higher above some key levels. 

For more trading details, please check the hyperlinks with time stamp indicated from the video:

0:33 NZD/USD

2:57 US DOLLAR INDEX

3:38 EUR/USD

3:45 GOLD

Tags: DXYEURUSDGOLDNZDUSDTechnical AnalysisUS Dollar
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Expect extra volatility at the US open today due to the Quad Witching expiries

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