Great opportunity for Shorting NZDUSD
NZDUSD Short
Comment:
Every 42 bars USD weighted average (daily) makes a major swing low. Today we have been on bar 42 !
Comment:
See where NZD weighted average on daily is now. A pullback is expected.
Comment:
90 pips in profit since I sent it less than 24 hours ago.
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125 pips of profit of profit so far
Trade active
Comment:
NEW ZEALAND 10 years Yields and Bonds breaking supports and resistance.
This is Yields,
This is Yields,
Comment:
155 pips in profit. Watch the GDP report today for NZD.
Comment:
If price gets to 0.6848 in an hour ahead of NZD GDP, I will exit and renter after the news. If GDP is good I will have no position...
Comment:
Comment:
Closed due to GDP release. Banked 165 pips of profit.
Trade active:
In again
Comment:
This is equally weighted average NZD daily. It is very likely to see a visit to the dotted line.
Comment:
On the new trade I opened after NZD GDP release, I have 36 pips of profit now. I think this pair can go a lot lower. My plan is to stat in this trade until either 1) it hits my target 2) Weighted average gets to the rising trend line shown above 3) Next Wednesday RBNZ Official Cash Rate
Trade closed manually
Comment:
We should see a bounce in NZD this week
Comment:
First bounce after visiting the support as expected yesterday.