TECHNICALS:

0.7030-0.7065 Area is good for selling with a strong level in around 0.7055/0.7065. Also we have the 76.4 retracement.
USD beaten up badly recently. DXY in an important area 0.9145-.9177.


FUNDAMENTALS:
Market has priced out negative rates. Seasonally NZD strong end nov/dec. Fundamentals NOT favouring NZD short

Mean reversion trade

Starting my short 0.7032 adding in around 0.7065 stops above 0.7090
עסקה פעילה
Chart PatternsFundamental AnalysisNZDUSDTrend Analysis

"Losing is the key to trading, winning is easy"
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