SEASONALLY NZD STRONGEST MAJOR vs USD in DEC
- Seasonally spoken NZD is supposed to be the strongest amongst the Majors
- USD is supposed to weak in DEC
- Seems like Institutions bought below 0.5750
- Looking for an offset 1000 pips higher above 0.6750
- 0.6250 = Previous Year Middle = Imbalance = GAP = Support
- Volume preceeds price on the Daily
- COT shows Asset Managers accumulationg longs and distributing short since NOV
COT VISUAL: images2.imgbox.com/ec/1a/jGK4AX38_o.png
- USD is supposed to weak in DEC
- Seems like Institutions bought below 0.5750
- Looking for an offset 1000 pips higher above 0.6750
- 0.6250 = Previous Year Middle = Imbalance = GAP = Support
- Volume preceeds price on the Daily
- COT shows Asset Managers accumulationg longs and distributing short since NOV
COT VISUAL: images2.imgbox.com/ec/1a/jGK4AX38_o.png
Sultan of Swing
