When market opens Monday in Auckland and Asia, I believe they will want to sell JGB and buy USA equites. Since NFP happened Friday after Asia closed. The investors may want to buy here at the lows 101.00-50 if they didnt buy after the brexit at 99.10 lows.
My earlier Post for a front run short worked to the buy zone, then bulls junped in and broke all short term resistance levels.Looking at price now is at 4hr & daily resistance. And oil has hit some support at round nunber 39-40. With the latest NFP , risk appetite may be pushing Aussie pairs long.Just need Oil to continue bearishly for a perfect buying opportunity.
I am hoping for a little push up to a 5m- 15m top @1.3080-1.3120. Then sell if see momentum on 5m-15 Asian or London Open. If Asia opens short I will lock in profits at 1.3000. Look for bounce up then re entry again at London or US open if at prior 15m-1hr resistance. If all goes as plan I will take profit or move stops at 1.29500 area.
-Current short ar 1.3104...