Saturday 11 June 2016

NZD/USD

This week I got a bearish signal for the NZD/USD ratio based on the total number of new short contracts opened(7,430) vs total number of new long contracts opened(1,670) in the last 2 weeks.This means new short contracts opened outnumbered new long contracts opened by more than 4 to 1.This is bearish and as result of this I expect NZD/USD ratio to drop in the next days/weeks.Check out my strategy and trackrecord2016 file on my free websites:http://cotreportfreeswingcharts.my-free.website/
http://futuresandoptions.wix.com/cotswingcharts

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