NZD/USD

I think it's more likely to start retracing now. I wouldn't open a new short before it breaks below 0.6950.

I also think that it is the short must be now. Down trend must go on and for now the price touched the top border of the trend

Let's see...


And now

The box area is where in call for long position.

Now. I'm looking for reversal on the resistance level.

Will keep u guys update.

I went long on the 27th of July at the price of 0.7049
The methodology is simple areas of supply and demand.
Feeling a bit nervous though at the moment, since my 1:3 ration take profit might not be triggered

Update.

That pair is headed towards the previous high at 0.7320.

I think the pair is headed south back to 0.7000, particularly in with the rba rate decision probability of a cut on teusday. The rbnz plans to ease, the trade balance has been shrinking & exports falling. The last USD expected gdp of 2.6% was very exaggerated & the last FOMC statement was a 'little' hawkish...Trading freaked out over the less than expected gdp outcome & the kiwi has been riding high on yield...

Looks like a possible inverted head and shoulders in the making with resume of the uptrend. I'm looking for the .73 mark on my buy

Still holding long!

#NZDUSD keep an eye on Kiwi it could do a sell off today.....

#NZDUSD Short Kiwi @ 0.7240 / SL 0.7286 / 1st T 0.7046 2nd T 0.6994

That SL seems to close

that's called risk management

7230 shorting zone looks ok to me.. if it can get there..

Short

Still long. don't plan on shorting till we see at least .73 or a higher high

I am long too, my target is 0.7240.

#NZDUSD my trailing stop got hit with kiwi..... was expecting more down side but its not happening now...

Potential setup for next week