impiouscapital

Short NZD before its new high

Short
impiouscapital Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
The NZD looks to be still gaining, but you can probably short it before it goes to its new high. There is an opportunity for a target 1 with 33 pips and if you are lucky a target 2 with 64 pips before it heads off to a new high.
Comment:
Went to target 1. Then reverted. Is it likely to get stopped out or go back to target? Anyones guess is as good as mine.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.