New Zealand Dollar / U.S. Dollar
Short
Updated

Kiwi Fade

56
Fundamentals & Sentiment

USD:
- Undervalued according to many market internals, CFTC

NZD:
- Dovish course of RBNZ
- Bearish market internals

Technical & Other

  • Setup: TR(RTF)
  • Setup timeframe: 4h
  • Trigger: 1h
  • Medium-term: Up
  • Long-term: Up
  • Min target: DMA(10)
  • Stop loss: 0.52%
  • Position size: 0.5R
Trade closed manually
Closed manually - 4h closed above the local support and DMA(10); I don't want to hold through a deep pullback. +1.66R

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