good on ya slam
the prospect of higher rates will create some buyers for our dear wee $ and this makes it a bit of a scary short... tho its would appear to be struggling at this level....
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good on ya slam
the prospect of higher rates will create some buyers for our dear wee $ and this makes it a bit of a scary short... tho its would appear to be struggling at this level....
I mentioned the 'bullish flavor' yesterday, and that resulted in a maximum of circa 70 pips for brave souls who took the opportunity.
Alas I was not one of them [V]
arco
Went Long again last night
See how we go:)
Currently +17 (whoohoo)
Cheers
Slam
i was about to short actually
im waiting for it to break pass the 6938 point be4 i long it
Closed long for 68pips
will look to re-enter after this drop
Cheers
Slam
Minor Gann at 6958
Long again for another go at 7.
maybe hard to crack, this week;)
Cheers
Slam
Morning all
Well got to 7 but couldn't hold
Still think it is a long but will wait till this retrace is over. Formed a double bottom late fri so may be in place
Cheers
Slam
Despite earlier bids from a German bank [NZD/USD] has failed to gain much momentum and lies close to the base of a rough 0.6950-0.7035 ascending range. Additionally, a recent increase in Uridashi issuance has failed to give the Kiwi any significant prop which, coupled with a recovering Usd post-NFP, suggests the lower bound could give way. While technical targets lie around 0.6925 and 0.6900, more significant losses are likely to prove difficult in the face of an NZ rate hike expected Oct 27. Immediate relief would come from a break above the highlighted 0.7000-0.7015 region, though this has put up strong resistance in the past few sessions
Requires the patience of Job, but I'm looking for a retrace to 6895, 50% fib, which if seen, might be worth a small long for 7050, possibly 7200
Alternatively, sell 7050 if seen directly
Xerof