Dylan-Rogan

Short Opportunity on NZD/USD: Potential 300+ pip move

Kort
FX:NZDUSD   Nyzeeländsk dollar/USA-dollar
Similar to my last post, nice clean short opportunity on the kiwi. I'm a firm believer that the momentum from the very strong NFP figures last week will cause the USD to continue its steam-rolling of other currency pairs.

With the Fed almost certainly looking to adjust rates in December, i'm also going to be looking to BUY up banks like JPMorgan and (mainly) Bank of America, and SELL larger cap pharmaceutical - I just haven't looked into exactly which one/s at this point.

Open to opinions/discussion.
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