Description
⋅ I try to catch small correction on OANDA: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.