My strategy this month is to try to sell the Gbp and Eur crosses as high as possible for retracement profit
My targets to go short Gbp/Nzd and Eur/Nzd were hit and I am short these crosses now
The prices got near previous highs and the daily charts tell a story of unwillingness to break higher,
still I feel uncertain as the prices fail to drop and Nzd is still weakening,
seemingly unable to defend 0.65 -- this could mean trouble for these crosses
I am long Aud/Usd after today's retracement, but …
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