This is a currency pair I wouldn’t trade today

I’m always looking for currency pairs that have a clear market condition, once I find something interesting I start monitoring it…

I understand that sometimes there are currency pairs that are difficult to trade, but this one, it’s right on the extreme:

It’s the NZDUSD 4H chart… please don’t tell me you are trading it…

It’s weird though, the AUD and NZD tend to move in the same direction, yesterday I talked about the AUDUSD, it is trading in a very clear short term range, but the NZDUSD, it’s a joke.

What do you think?

Cheers,

Raul Lopez
Forex Course

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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 .