I have a NzdUsd long position that may be in trouble
My NzdUsd long is stuck just above friday's lows of 0.6720 I need this pair to move up if I want any chance of regaining myself in this month's contest I have comitted myself to trading Nzd and Aud longs this month
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I am trying to buy the lows in the Australian dollar I have bought AudUsd around 0.75 after it went down after the interest rate cut I am short GbpAud and EurAud now, too I also went long AudChf, as the pair should recover from lows I am hoping Aud will recover (a bit) and not fall any further We shall see gl all
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A new week in the land of trading Most currencies are still under pressure, and may go lower this week: Usd/Jpy, Eur/Usd, and about every cross do not look good Because of the technical picture and gains last week, Nzd/Usd, and Aud/Usd have a good chance of going higher, and so does Gbp/Usd - profiting from Usd pullback, I will be trading Nzd and Aud this week, and hoping to gain some profits gl
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