aasiferdous
Long

Weaker USD means buying pressure on the other currencies

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
The recent North Korean fiasco has pushed the USD down from the cliff and other related pairs have started gaining buying momentum. NZD has recently respected the daily support level and shoot up after today's North Korean drama. The price on NZDUSD is likely to retest the daily resistance level and have potential to have further upside move. I'm waiting for a discount on price to go long on the pair.
Aug 30
Comment: Long trade triggered
Aug 30
Trade closed: stop reached

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