pato

NZD looking like it could peak.

Short
pato Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
NZD looks really interesting against the dollar and AUD. Definitely a worthwhile longterm trade. watch out for any AUD or NZD data coming out soon as that could very much serve as the catalyst to get the sell-off going.



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Comment:
Called this one early but I think the RISK:REWARD profile of this type of trade makes it worthwhile. nonetheless, I expect a move today as we have US data coming out.

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