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FOREXSAKE
May 12, 2018 7:26 PM

AUD/NZD - Long Long

Australian Dollar/New Zealand DollarFXCM

Description

Based on the week results from New Zealand , Interest rates not moved and even a possible drop next meeting. Lower rates mean that people don't put there money banks etc and this has depreciate the the NZD. I think it will still get a hammering , but stop is set below last high , as per chart.

Also on the back of this I have a long GBP/NZD and short GBP/AUD,

Trade active

Still holding and stops at B/E,

GBP/NZD = 1400 Points up
AUZ/NZD - 720 Points up
GBP/AUD Stopped out at 1.79885.

Trade closed manually

Closing out as retesting a key support , happy with over 1000 pips.
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