Fade NZD

2019年4月10日

With FOMC mins being some what less dovish than the market expected, this might be a good spot to fade the NZD rally with one eye on the RBNZ meeting and rate decision (still expected to be a cut) on the 8th of May. I have initiated a short and will update with levels on stops and profit targets as the trade progresses

2019年4月10日

註釋

Ultimate goal on this is to be long AUDNZD, so looking for an AUD pullback vs USD to get that pair on

2019年4月11日

交易結束：目標達成

OK, you have 2 choices here, either start to take your profit, or try and roll into an AUDNZD long. I have taken the 2nd option as I think AUDNZD could extend to 107!
Good luck with whatever you decide to do