Hello Kiwi

Afternoon Dynamic Traders,

I have decided to follow the kiwi this week as I haven’t spoken about the Kiwi in a long time.

As always I feel it’s best to start off by getting familiar with the progress of the kiwi, and then we can get more involved throughout the week.
By looking at the day chart below we can see that the Kiwi is currently in an uptrend, and has been enjoying this increase since March. The trend has been relatively health with a couple of bullish flags. No doubt you have also noticed that price appears to be dropping over the last 5 days, so are you also thinking “is this the end of the uptrend and has priced reversed?”















As much as I want to tell you my thoughts and show you some of my analysis, I’m going hold back and wait and show you later. So what do you think is going to happen? What are the other time frames telling us? What stories are coming from your studies?
Tomorrow I will go into a lot more depth about the recent events of the kiwi!! – Exciting stuff!!

Happy Trading

Richard Monnery