masagrooove
Long

NZDUSD THE KIWI LONG ENTRY

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
168 1 7
a year ago
I think the Kiwi enjoyed a second consecutive rise in milk prices (milk prices seems much solid than hard commodities like oil             , the currency market is still dominated by the commodities market, and it’s dominated more by the oil             market), in addition the economy in New Zealand grew by 0.9% q/q, better than expected and also positive in absolute terms. New Zealand trade balance came out a bit better than expected, and that gave some support to the Kiwi maybe?

NZDUSD             is trading at the 200 day average which is first time since August 2014. Around 0.70 is where the pair found support back May. The low of 0.6940 allowed for a temporary bounce. 0.6860 was a low point as the pair dropped in June 2015.

I like easy going and hassle-free swing trade. This is for my trade journal only feel free to comment.
a year ago
Trade active: Long Entry 0.68600 SL 0.68300
a year ago
Trade closed: stop reached
11 months ago
Trade active: Buy Entry 0.6680 Target 0.6800
11 months ago
Trade closed manually
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