Sellers built up on the NZDUSD and ready to be squeezed out

Potential Buy Alert NZDUSD


NZDUSD – New Zealand/US Dollar Currency Pair Cross Rate

The Kiwi is showing some very good long term price action that may be building for a move higher. We see that there are a lot of sellers built up and price is holding a longer term higher low. There is still some work to do as we expect more sellers to step in and price pullback. If we get the pullback then we will be looking for the higher low to build for the short squeeze and buyers to push price up through towards 0.7400.


Currency Pair : NZDUSD

Current Price : 0.7352

Status : On watch for a buy entry setup