After waiting for 2 days for my Nzd/Usd long to open, the market decided to bear down on the pair again
When I saw Nzd/Usd break down through the daily trendline yesterday,
I decided to give up on my strategy of playing a Nzd recovery or retracement up;
the currency is obviously still in a lot of trouble and further downside seems possible for now,
at least until down to the weekly support below 0.84
I read an piece on Gbp yesterday about the coming rate hike,
and the likeliness of support build…
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