NZD/USD LONG
LONG NZD/USD
@ 0.7308
SL @ 0.7144
not filled, cancelled.
- This is the same story as NZD/CHF but of course, i think it has much more risk as we have NFP this Friday, on the other hand, a negative miss could drag USD down and boost NZD up. The story now is that both currencies, or i should say all currencies are highly sentimental effected. So although USD has a good fundamental, it still has lower rate then NZD, and any miss in USD will be very severe and also help NZD. These 2 currencies are also on the opposite polar side in terms of risk sentiments.
- The catalyst is the sentiment for now but later the week we’ll have more datas coming out from USD which will effect this trade.
- We’re in the range bound now.
- The risk is the very positive NFP or any negative comments from RBNZ.
- I’ll manage it with news and datas.
- Yes but
LONG NZD/USD
@ 0.7308
SL @ 0.7144
not filled, cancelled.