EUR/NZD Long Position Entry Levels - NZD Rate Decision

Mar 18, 2017

The EUR has been eating the New Zealand Dollar with a vengeance
since Feb 23rd

We have seen since then a slight pullback to the 0.23 Fib
and then a fail to retest the high of 1.5452

We will enter LONG if the High 1.5452 is compromised
and also enter Long is we get another bounce off of the 0.23 fib level
we also looking at the 0.38 level & 1.5127 area for a LONG entry

The previous rate non-decision (no change) produced a 100+ pip move north
over a 7 hour period. Thats a nice pip grab..for a non-event.

Good Luck everyone !

Mar 20, 2017

Trade active

Our Long Position was triggered last night during the London session
@ 1.5256

Mar 20, 2017

Note

Were are still Long on this pair until we get a break of the 1.5200 previous low.

Mar 21, 2017

Note

1.5380 is our profit target for this Long position. Once hit we will close.

Mar 22, 2017

Trade closed: target reached

1.5380 Target Hit. +140 Pips captured. Took a bit longer than anticipated...but we will take it. Hopefully you followed along with us...