WillSebastian

Quick NZDUSD TA: Why It's A Long (Post News)

Long
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
Hey Traders,

After rash movement on US pairs we can see a trickling down motion.

NZD is no exception as we fall to key levels visible on higher TFs.

Here's my quick take.

Comment:
Great time to study long entry possibilities for next week.

Currently in minor gains and holding into next week.
Comment:
Further minor gains. likely to see pushes on news latter stages of week. Holding long bias.
Comment:
Still holding longs into Tues
Comment:
Exit for gains.
Comment:
Only long on falls under PREV low.
Comment:
Still maintaining opinion ^ Already seeing minor weakness (scalp shorts)
Comment:
Setting orders long under low. Minor shorts taken.
Comment:
Maintaining long orders below prev low.
Comment:
Still holding off entries.
Comment:
BIAS similar to AUD
Comment:
Still using TGTs.
Comment:
Exit for gains.
Comment:
Exit all longs, minor shorts OK
Comment:
Exit^
Comment:
Re long^
Comment:
Holding long entries further.
Comment:
In long at ideal support post fall.
Comment:
Take gains on Re push.
Comment:
Out all longs for long term gains. Shorts higher .629
Comment:
Exit shorts, looking long.
Comment:
Re longs further long term coming lower @ M support under prev hit level.
Comment:
Kill all longs for gains.
Comment:
Flip short.
Comment:
Take note of key long term levels labelled and how markets must break each.
Comment:
Light re short on NU alike AU.

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