Closed due to GDP release. Banked 165 pips of profit.
Trade active
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In again
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This is equally weighted average NZD daily. It is very likely to see a visit to the dotted line.
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On the new trade I opened after NZD GDP release, I have 36 pips of profit now. I think this pair can go a lot lower. My plan is to stat in this trade until either 1) it hits my target 2) Weighted average gets to the rising trend line shown above 3) Next Wednesday RBNZ Official Cash Rate
Trade closed manually
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We should see a bounce in NZD this week
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First bounce after visiting the support as expected yesterday.
Thanks excellent work. Can we go long?