Hey guys,
Remember our Kiwi long? It’s something that I’d rather forget, but in this game, you can’t just ignore the losers:
NZD/USD Hourly
The intraday chart then shows a previous area of short term resistance turned support for us to get an entry off. Clean and easy. Just the way I like it!
With Friday being NFP, it’s always risky holding through. But for those that did, the number was a big beat.
US non-farm payrolls for August 2018: 201k vs 191k expected
Then look at what happened to our trade:
NZD/USD Hourly
Price was inside our zone, but the good number saw price respect it in the opposite direction.
They don’t always work out.
Peace ✌🏻.
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Return from NFP Beat Destroys our Kiwi Longs to forexbrokr's Web3 Blog
