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NZDUSD Range is a Money Pit

NZDUSD Range is a Money Pit

Jamie Saettele, CMT, Sr. Technical Strategist

Daily Bars

eliottWaves_nzd-usd_body_nzdusd.png, NZDUSD Range is a Money Pit

Prepared by Jamie Saettele, CMT

Volatility has dried up. Picking tops and/or bottoms in price trends is extremely difficult and the same can be said for volatility. I’d stay away from the NZDUSD until sufficient evidence arises that the multi month range has been resolved.

Bottom Line (next 5 days) – ?

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