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?