NZDUSD-USDX - SELL USD strategy Daily chart
Just to highlight, the two charts shows there is a (inverse) relationship. the USD is in fact very overbought Daily chart and therefore, the strategy to focus on NZDUSD is good for good reasons. the AUDNZD cross is overbought, i.e., the NZD suffered the most on the decline. It;s reflected in all NZD crosses.
so most pairs, SELL USD and I prefer NZDUSD BUY for reasons to see a proper correction towards 0.5850 is my viewpoint.
so most pairs, SELL USD and I prefer NZDUSD BUY for reasons to see a proper correction towards 0.5850 is my viewpoint.
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