Monday, October 29, 2012

NZDUSD Short Trade NZDUSD Short Trade
My previous kiwi trade came out very well. I went short at 0.8226 and booked at 0.8180. Details [here]. 

Currently price is midway between trendline and resistance area. I will wait for Europe open to provide a direction to trade. 

I plan to go short on a touch of horizontal resistance area and will add another short at upper horizontal area if lower area break. 

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