Kiwi crashes through!! But not for long...
Good afternoon ladies and gentlemen
I hope you have all had a wonderful day so far.
Looking at the Kiwi, there is still not much action to report back on. I can only assume that this is the quiet before the storm. Price is still hovering in and around the S and R Zone. It crashed through the VI and out Short of the zone but has since climbed back in again. Price is now fighting with the VI and RSI has just crossed over the midline. MACD histogram is above the line too. So far the confluences on the Daily seem to be holding strong but always remember who your friend is!!It looks like we will be waiting till next week before we see any significant moves unless price decides to have one more go at a break out of the zone before the week is over.

I will be unable to do an update tomorrow. So I will leave you by wishing you all a refreshing weekend and with this thought "The soul's joy lies in doing!"
Till Monday
Abundance is your Birth Right
Zaheer Anwari
Labels: NZDUSD
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