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

Tags: ,

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 .