Kiwi Dollar short term opportunity
We have finally broken out of the bearish wedge on the daily and *should* begin our descent down to the 200/250 ema's. To get to that level we must first break support at the .71200~ area.
I'm waiting for intra-day confirmation on sunday night/monday morning before I hop in.
Entry level and stop placement are entirely up to intra-day techs. Position setup within this chart is simply my best guess.
I'm waiting for intra-day confirmation on sunday night/monday morning before I hop in.
Entry level and stop placement are entirely up to intra-day techs. Position setup within this chart is simply my best guess.
Trade closed manually:
Closed thursday night before NFP with USD looking so bearish.
