Break out? I bought some this pare in early London session. It's good place with small risk.
It's my TP. I added up my position of 50% yesterday. and I am closing most of my positions before NFP then sure i should use break-even. Here is Primary Dealer NFP Guesses. RBC 8.0m Natwest 7.2m Citi 5.5m MS 5.285m BNP 4.5m GS 4.25m HSBC 4.0m Scotia 4.0m TD 4.0m SocGen 3.9m BMO 3.5m WF 3.3m CS 3.0m JPM 3.0m BAML 2.8m Daiwa 2.5m Deutsche 2.5m Mizuho...
Can Kiwi break the 20 Jun high? I am still having long position(added up size) and bullish on high-beta currencies. And, of course, my sl is located above the entry price. so I am waiting for timing for adding up(it means i will short dollar more) let's see.
This level is so important. I opened long position first. If the price is going down and break out this level, I should wait for pullback for selling this pare.