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JLJ002500
Aug 7, 2018 2:21 PM

EURNZD - Potential consolidation breakout  

Euro Fx/New Zealand DollarFXCM

Description

Extended long term range (~10 months), at top of range in consolidation for last month. Slowly getting into a short position. I expect this to be a longer trade.

M:


W:


D:

Trade closed: stop reached

Stopped reached. NZD dropped after RBNZ's decision.

It was only a minimal loss as my position was small to begin with and I closed 1/3rd of my holding shortly after the decision.
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