Naked Short as long as 2.05000 level is held on closing basis
Rate decision in a hour, market already priced in rate cut of 25 bps to .75 OCR. Hence, if rates are on hold NZD gonna appreciate and even if we have a cut it would be a sell the fact event. Furthermore the key focus would be on forward guidance, that would tell us if its gonna eventually hit our stops
NB : Play cautiously as trend is clearly up as i have pointed, but i am anticipating the supply zone to hold, lets see
NB : Play cautiously as trend is clearly up as i have pointed, but i am anticipating the supply zone to hold, lets see
Note
We got this ! Profit taken
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.