BombayBulls
Short

Tactical Short NZD/USD Trade - 6/8/2016

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
35 0 1
New Zealand dollar             has been a front runner of US dollar             selling rush started by weak NFP. We like selling dollar and have been positioned like that. But today even though we prefer long NZD/USD             , for medium term, we are looking for tactical short term trade selling NZD/USD             on spikes towards 0.7025 / 0.7050. Reason for this trade is that today is RBNZ rate announcement day and those who have been long would like to reduce the risk as well as those who are staunch believer of lower NZD would like to sell against this resistance. It provides very low risk high reward set up and we can't miss it.

English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out