NZDUSD Good entry for Sell trade
מעודכן
The first short trade I took hit the stop loss but I'm still bearish on NZDUSD
The Fundamentals favors the USD over the NZD:
- GDP Growth: (NZD: -0.6% / USD: 2.6%)
- Inflation: (NZD: 7.2% / USD: 6.4%)
- Unemployment: (NZD: 3.4% / USD: 3.5%)
- Interest Rates: (GBP: 4.75% / USD: 5.00%)
Sentiment:
-COT Report: shows /68.4%/ of the institutional open contracts are long on the USD, while /30.3%/ are long on the NZD.
This favors the USD over the NZD.
- Retail Sentiment: 81% of retail traders are Long.
Technical:
The Price is in a good and healthy downtrend, made a retracement to the /0.5/ fib zone , and broke the retracement trend line .
Trade Safe!
The Fundamentals favors the USD over the NZD:
- GDP Growth: (NZD: -0.6% / USD: 2.6%)
- Inflation: (NZD: 7.2% / USD: 6.4%)
- Unemployment: (NZD: 3.4% / USD: 3.5%)
- Interest Rates: (GBP: 4.75% / USD: 5.00%)
Sentiment:
-COT Report: shows /68.4%/ of the institutional open contracts are long on the USD, while /30.3%/ are long on the NZD.
This favors the USD over the NZD.
- Retail Sentiment: 81% of retail traders are Long.
Technical:
The Price is in a good and healthy downtrend, made a retracement to the /0.5/ fib zone , and broke the retracement trend line .
Trade Safe!
עסקה סגורה: הגיע לסטופ
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.