NZD/USD: Testing waters with small long position

  • AUD/NZD is testing short-term resistance levels near 1.1060
  • NZD/USD has important longer-term technical support between .7930/50.

I’m testing the waters with a long position near .7970. I’m keeping risk pretty tight as my recent track record is quite poor.

  1. same to you, recent choppy actions make the trading very frustrating.

    USD seems unstoppable, better leave it concentrate short-term opportunity around cross pairs, like EUR/GBP, GBP/JPY, etc

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