New Zealand Dollar / U.S. Dollar
Long
Updated

Quick NZDUSD TA: Why It's A Long (Post News)

934
Hey Traders,

After rash movement on US pairs we can see a trickling down motion.

NZD is no exception as we fall to key levels visible on higher TFs.

Here's my quick take.

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Great time to study long entry possibilities for next week.

Currently in minor gains and holding into next week.
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Further minor gains. likely to see pushes on news latter stages of week. Holding long bias.
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Still holding longs into Tues
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Exit for gains.
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Only long on falls under PREV low.
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Still maintaining opinion ^ Already seeing minor weakness (scalp shorts)
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Setting orders long under low. Minor shorts taken.
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Maintaining long orders below prev low.
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Still holding off entries.
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BIAS similar to AUD
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Still using TGTs.
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Exit for gains.
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Exit all longs, minor shorts OK
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Exit^
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Re long^
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Holding long entries further.
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In long at ideal support post fall.
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Take gains on Re push.
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Out all longs for long term gains. Shorts higher .629
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Exit shorts, looking long.
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Re longs further long term coming lower @ M support under prev hit level.
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Kill all longs for gains.
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Flip short.
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Take note of key long term levels labelled and how markets must break each.
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Light re short on NU alike AU.

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