Euro / New Zealand Dollar
Long
Updated

Old Idea, Another Base

95
Fundamentals

EUR
- Correlated to the dollar (Oversold USD due to exaggerated cut expectations)
- Risk Reversals, Infl.Exp.Diff.

NZD
- Bearish recent economic data
- Market Internals
- Dovish rhetoric from RBNZ

Technical & Other
- Entered partially and didn't get to enter with the second part

Setup: TC(RTF)
Setup timeframe: 4h
Trigger: 1h
Medium-term: Down
Long-term: Sideways
Min target: Closest major mirror level
Risk: 0.31%
Trade closed manually
Price action on 15m; -0.3R
Trade active
Reentered before FOMC
Trade closed manually
Closed with a trailing stop at the breakeven a couple of hours before FOMC.

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