Disliked{quote} My Aussie short is a long term trade. The AUD/NZD long is a short term counter trade. Short NZD/USD in the long term is too expensive to carry (high rollover rate) All things being equal with no rollover, then technically I would be short both the Aussie and Kiwi against the USD. Perhaps when things start moving at a good pace, I might find a nice opportunity to grab a few short NZD pips, but for now, I'd rather keep my risk and exposure low. Hope that answers your question.Ignored
I understand that AUD/NZD is one to hold for maybe a couple of weeks, if you're eyeing 1.17, but I'd have said if we're to see c.1.20 would that not be a good 4-6 weeks away?