Open trading account 
I will play this for a short position.
Order : SELL 5.000M AUD/NZD @ 1.11300, SL 1.11865 (57 pips),TP 1.09828 (147 pips)
Analysis details:
- Tehcnical indicators telling me a down trend on daily and weekly charts.
- AUD/NZD reach a two year low.
- Market Profile's Naked POC shows up, which means a previous Point of Control that has not been breached.
- NZD/USD trims gains after breaking the earlier European morning low at 0.8148,
and these recent weakness in NZD has led to and uptick in the AUD/NZD cross.
- Today we will see the release of NZ Building Permits.
- This will be followed by the October Money supply reading overnight.
- AUD/USD has also been moving lower in sympathy with the move paring the gains seen overnight where the
AUD strengthened on the back of higher than expected Australian Private Capital Expenditure data.
Order : SELL 5.000M AUD/NZD @ 1.11300, SL 1.11865 (57 pips),TP 1.09828 (147 pips)
Analysis details:
- Tehcnical indicators telling me a down trend on daily and weekly charts.
- AUD/NZD reach a two year low.
- Market Profile's Naked POC shows up, which means a previous Point of Control that has not been breached.
- NZD/USD trims gains after breaking the earlier European morning low at 0.8148,
and these recent weakness in NZD has led to and uptick in the AUD/NZD cross.
- Today we will see the release of NZ Building Permits.
- This will be followed by the October Money supply reading overnight.
- AUD/USD has also been moving lower in sympathy with the move paring the gains seen overnight where the
AUD strengthened on the back of higher than expected Australian Private Capital Expenditure data.
