However technicals aside, we have the RBNZ interest rate decision 1am tomorrow GMT which will affect NZD pairs. These data releases move NZD pairs hundreds of pips usually so I will be pleased if NZD gains strength as a result. Great % growth if so!
A good position to be in with this trade will be stop loss in profit, with news hopefully pushing price further towards our TP. If NZD does happen to go weak then we will walk away with at least some profit - a win/win situation.
Huge potential, excellent R:R. Let's see how this plays out!
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