AUDNZD SHORT FOR OPTION EXPIRIES Short

Australian Dollar/New Zealand DollarFXCM

Description

⋅ Mar 28, 2014 6:54 AM

I'm going short here, got in a bit late.

Fundamentally NZD stronger then AUD
And there are huge option expires at 1.0500 so just looking for a strong move down until 10:0am EASTERN and take profits.

AUDNZD 1.0500 (AUD 1 bln)

source of options:
forexlive.com/blog/2014/03/28/option-expiries-10am-ny-cut-28-march/comment-page-1/

Comments

FaultyKid

⋅ Mar 28, 2014 11:36 AM

Fundamentals:
Sunday Night NZD Business Confidence should give us a big boost! All NZD Data = GREEN!