I try to catch small correction on
NZDUSD
with nice RR
Fundamentals
Technical
Oversold
Need small corection
Very good RR
MACD looks reversing
Risk
USD is still strong currency
NZD cut rates so no bull
Some support
Fundamentals
- Retail Sales is coming and forecast lower than previous, but previous was better than forecast. Hope this one will beat forecast since it is very low
- NZD just cut interest rates, so market dont expect much
- Trade war calming for a short time
Technical
Oversold
Need small corection
Very good RR
MACD looks reversing
Risk
USD is still strong currency
NZD cut rates so no bull
Some support
Trade closed manually:
Close with loss
Comment:
Or possible to keep while it hits SL
Trade closed: stop reached:
Hit SL.