Hello Traders,
yesterday hammered NZD and buying on dip is always tempting as such low levels but nothing really tell me NZD is ripe for a reversal. Moreover, huge move like the one of yesterday very often suggests lower lows sometimes in the days ahead.
It's 10:22 , I'm short USDNZD for 0.6875, long GBPNZD for 1.97ish, long AUDNZD for 1.0850.
Happy trading to you all.
Add On : forgot to put a picture trade opportunity :: short NZDJPY for 75.60
yesterday hammered NZD and buying on dip is always tempting as such low levels but nothing really tell me NZD is ripe for a reversal. Moreover, huge move like the one of yesterday very often suggests lower lows sometimes in the days ahead.
It's 10:22 , I'm short USDNZD for 0.6875, long GBPNZD for 1.97ish, long AUDNZD for 1.0850.
Happy trading to you all.
Add On : forgot to put a picture trade opportunity :: short NZDJPY for 75.60