NZD/USD

enough SL or not?

butterfly prz became a support.i think NzdUsd will go up

670x on 5

next rate cut and we will see 0,77

good joke looking at it that the Fed has to raise interest rates this year - September where the next cut September so NZD will land 0.600?


yesterday because the market has been quietly on 0.50% and was according to plan so such a response

goodluck mate! still holding my short tight...just added my 3rd short...price seems to bounce off resistance...6730 will be my final stop for all...

nice channel breakout.. might see a short term correction from here. we will see

Also may be a false break just like previous three times and fall like a rock off the cliff here...

its only a temporary relief rally for the kiwi, RBNZ will probably cut at the next 3 rate meetings, the economy is slowing down, and the data is set to weaken - the kiwi is going lower, ocr is heading for approx 2% and nzdusd for 0.60
I like long gbpnzd as the rate divergences are stark between BOE & RBNZ - one central bank is raising rates and one is dropping them
use theses pullbacks in the main trend as opportunities to buy
good luck

so next is 6780 - 6800 ? :nerd:

if you have some margin there, not a bad price to short off those area too..

Shortly we may see triangle breakout to either side....i keep my short, look to add by sell stop below this triangle on m15 chart

i have 2 trades on NZ short!!!

good data for $

fall hard...looking to take a bit off the table at 6600

hard to get there, close under 6620 will be fine

yeah...price seems stuck now...finding a bit of support...close part of my short and let the rest run...
I actually thinking of taking it to new low..let's see if I have that patience and conviction lol

Looks like a 4hr Pin Bar...

KC

If M5 NZDJPY will break this support, pretty confident we will see 0.66.

Yeah KCV itis a pin bar...a bit lower, daily pin bar as well...

@Jonh is that heikin aisi ur using? I short nzd jpy too...seems like h and s there