Good morning,
AUD is currently weak and NZD is strong.
Market have created a 2nd leg which is pretty much the same size if not bigger than leg 1 meaning that we can expect a test to recent lows or a potential leg 3. Currently awaiting pullback to retail prices to go short.
Note that this pair have potential to go even further.
Good luck and happy trading !
AUD is currently weak and NZD is strong.
Market have created a 2nd leg which is pretty much the same size if not bigger than leg 1 meaning that we can expect a test to recent lows or a potential leg 3. Currently awaiting pullback to retail prices to go short.
Note that this pair have potential to go even further.
Good luck and happy trading !
Trade closed manually
Comment:
Closed the trade prior to FED rates as I am unsure to what correlation this particular pair have with USD.
Trade active:
Trade re-entered at 1.066.
SL have been moved to 1.068.
Target is the same: 1.053
SL have been moved to 1.068.
Target is the same: 1.053
Trade closed: stop reached
