BUY AUGUST 2022 0.61250 PUT $98
Updated
We executed a 31 days put option on the NZDUSD. Price pierced the previous monthly lows. Net positions of large speculators are bearish while strong demand for the dollar remain untamed on the backdrop of sustained risk-off sentiment. We look ahead for RBNZ for move hawkish reaction to the economy
Order cancelled
We observed a reaction at the options price level that posed as support to reject price back to monthly support levels. we will seek a re-entry after the correction
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