NZD unemployment lowest since Q4 2008......

Okay wanting to see it get back to around 1.0820-1.0830 confluence zones , but I wouldn't expect this to get past the 0.5 fib line, and I think based on the Aussie pressure right now ( USD/AUD @ 0.75 levels ) this is a good short ,
Also if USD figs out today print well this will put more pressure on USD/AUD today and have an affect on the cross pairs.

So entry sell @ 1.0820
TP @ 1.07 level ( just before next fib line )

Happy trading

Kommentera:

This pair are statistically a slow mover, but expect this to tick lower over the next few days based on the AUD woes right now , Commodity prices lower out of china and copper getting beaten up , Its given up the fib line support @ 1.0830 as mentioned, next stop 0.38 fib line but you have to be patient .........

Happy trading easy pips ..........

Kommentera:

Hey guys this is working out nicely for us , looking to get out @ 1.07 level its touched 1.0715 , so not to far away should continued to trickle lower, currently 1.0746


Keep calm and carry on :)

Trade stängt: målet nått:

So here we go people , another lovely profitable trade we had a target of 1.07 as mentioned , I moved the target after I read about the fall in copper again , so just going to check out for a nice stress free 140 pips remember pigs get slaughters don't get greedy ......

Now Let's get some more pips !!!!!