5 April 2019/8:13 a.m. ET
Position and Buying NZD/USD at market [last 0.6740]
Exited long USD/JPY with 94 pips profit
Aussiehas tested the near-term swing high at 0.7130 five times over the past five days, and it looks oversold. So a push higher into alt (b) territory near 0.7260 would no surprise.
Accordingly we are hedging this with a long position in NZD/USD...
Entry:Buying NZD/USD at market [last 0.6740]
Stop: Sell @ 0.6695
Target 1: Sell @ 0.6811
Target 2: Sell @ 0.6894
Due out today US Non-Farm Payroll...