NZDUSD hope best from Retail Sales

Updated
I try to catch small correction on NZDUSD with nice RR
Fundamentals
  • Retail Sales is coming and forecast lower than previous, but previous was better than forecast. Hope this one will beat forecast since it is very low
  • NZD just cut interest rates, so market dont expect much
  • Trade war calming for a short time


Technical
Oversold
Need small corection
Very good RR
MACD looks reversing

Risk
USD is still strong currency
NZD cut rates so no bull
Some support
Trade closed manually
Close with loss
Note
Or possible to keep while it hits SL
Trade closed: stop reached
Hit SL.
FibonacciSupport and Resistance

Disclaimer