Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Just 1 thing my fellow traders there is a wick you can say on the monthly time frame that reaches 0.60295 but i agree with transparant fx that the cot report shows the decrease of shorts so i dont think it will go down that far, but as he says always react not predict!!!!
@transparent-fx, totally in agreement and want you to know that i always look at your analisys because you Really inspire me !!
pjmurray2010
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Doesn’t mean the price can’t go lower. The impact of the ongoing virus in Asia will cause AUD and NZD currencies to weaken. Too many traders trying to buy the bottoms on speculation.
derfras100
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@pjmurray2010, Thank you for that update very much appreciated becuase i did not even had that in mind sir