FX:NZDUSD   New Zealand Dollar / U.S. Dollar
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1
Back in the mm kz (market maker kill zone). Looking for a return to the .6725 area before initiating another
short. I look at the area between the mm kz and distribution as where where mm's are clearing out retail orders before
loading up their r their clients new positions for a move either higher or lower. The overall trend on this one has been
lower for most of the year, and the RBNZ seems to be willing to keep the kiwi weak.
good luck to all,
regards
goma

Comments

closed all in target area .6587. Not ready for a complete breakdown this week, will re-asses this weekend for next move with this pair.
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In with 3 lots at 6721. Am looking for return to 6580-6600 level this week.
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