FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Hey Guys!

The daily bias was short. Or in other words, price is likely to reach 0.6724 before reaching 0.7034.

So I took a short entry yesterday at 0.6908 with a stop loss at 0.7034 and its main target at 0.6724.

However, there were signs of lower time frame strong long strength kicking back in, so I just abort the short entry at 0.6877.

In this video, I explain the reasoning for the abort, and moreover what I'll be looking for in terms of trades on the nzd/usd.

That's it! I'll keep you guys updated!

Ken

Disclaimer: This is not Personal Financial Advice.

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