Hi guys, the NZD is over extended and needs a consolidation before the next push. The more important part of this update is what I call the 'bundle formation'. I've mentioned this before; whenever most or all of the currency pairs are gathered/bundled in the 40-60 range, a big move is eminent. We should see some very strong moves during the next few trading sessions.
This is not investment advice, just my opinion(s). Please trade accordingly.