FOREXEL
Short

NZDUSD - Long/medium term trade

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
29 0 9
Initial TP right now is the 0.77 area. Will then watch and see if that support level will break or bounce. If it breaks I will trade it down to 0.75 or possibly all the way down 0.7274 if it bounce I wait to re-enter the trade around 80.70 (RBNZ intervention area) but it may go higher as the box illustrates- just have to wait and see.
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