HutsonBay

Shorting NZD USD to hell and back

Short
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
Simple trade setup - Market has found support at a supply zone (0.6818) and has retraced to its daily resistance level
This is a great opportunity to re-short this pair. I will be looking to scale back the position at the same supply zone as before.
Fundamentally this trade is support by a rate hike and the pending US tax reforms.
Thanks
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