Not much action since last Thursday

Since last Thursday the market has been quieter than usual. I mean, on Friday we got the non-farm payrolls announcement, the market spiked and then stopped. Yesterday a small swing up, another down, and done. Today, it’s even quieter…

Looks as if something was cooking… ¿What do you think?

Anyway, I’m still focusing on the same pairs. I like the way the NZDUSD has been trading on the last few days: in a well defined short term range:

I’ll be looking for long opportunities around the bottom of the range.

Will you be trading the NZDUSD? Let me know.

Good Trading!

Raul Lopez
Forex Coaching

forex, NZDUSD Analysis

Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .