EUR/USD: As yesterday, we are still waiting a good retrace to enter a short position. In this moment from a risk/reward perspective it is not justified to pull the trigger now.
GBP/USD: We entered short yesterday at 1.5136, the pair seems to confirm that the main downtrend is still intact. We will keep the position and wait for further downtrend movement. Target: 1.4960
NZD/USD: We entered short yesterday at 0.6516. The pair stalled around 0.6500 level. This level seems to be resistive. We are confident that the main downtrend could restarts form here. We placed a very narrow stop at 0.6540.
GBP/USD: We entered short yesterday at 1.5136, the pair seems to confirm that the main downtrend is still intact. We will keep the position and wait for further downtrend movement. Target: 1.4960
NZD/USD: We entered short yesterday at 0.6516. The pair stalled around 0.6500 level. This level seems to be resistive. We are confident that the main downtrend could restarts form here. We placed a very narrow stop at 0.6540.