© Image watermark
- Societe Generale. (based on Bloomberg)
Pair's Outlook
The NZD/USD fluctuated 71 pips but closed mainly at the same level where the last daily close is, the 0.755, respectively. The cross is not pressured between any of the major levelы, yet, the closes resistance is at weekly S2 at 0.759, whereas the support is at S3 at 0.749. The RSI is moving closer to the oversold level.
Traders' Sentiment
The market has lost their bulls as 47% of all are long, versus the 51% from the last update. The 50– pip pending orders will be bought by 46% of traders and the 100– pip orders will be generally sold by 66% of all.
© Image watermark