Valentasm

NZDUSD hope best from Retail Sales

Long
Valentasm Updated   
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
I try to catch small correction on NZDUSD with nice RR
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.
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