First trade of the month EURNZD short trade triggered last night and closed today with +190 pips. The trade was taken at Daily supply zone plus in past this level reacted both as support and resistance, so decided to short it with stop loss above the supply zone. Initial take profit was set lower, but decided to close trade as price was approaching import SR level.
Tomorrow being NFP day lot of whipsaw price action is expected, as such I would be on sidelines and will wait for the dust to settle down.
Tomorrow being NFP day lot of whipsaw price action is expected, as such I would be on sidelines and will wait for the dust to settle down.