$NZDUSD: Short setup in the daily

Always keen on having some uncorrelated trades to generate returns with potentially...I'm short the Kiwi dollar here, worth a punt as it might erase the recent multi week advance next as it remains range bound for the most part. The $NZDCNH and $JPYCNH pairs are reversing, coinciding with weakness in $USDJPY, $EURJPY, $AUDJPY, $NZDJPY, $AUDUSD and $NZDUSD. There's a chance that the recent moves in currencies are reversed overall.

Best of luck!

Cheers,

Ivan.

Trade geschlossen: Ziel wurde erreicht: