Iron ore prices have dropped tremendously for AUD, and milk prices are slowly increasing for NZD. Prices are becoming more stable for milk, and we should see a large increase. Weekly chart showing strong weakness and has hit multiple tops.
Commento
Australian Reports are coming out on Wednesday @ 11:30pm on Wednesday night. Trade will go bullish for a while as people prepare for the reports. Based on the reports good or bad will impact the price.
I am only a speculative trader and this is not financial advise on trades.
- If you are losing money close the trade
- Start with .03-.05 units and learn to manage risk
- Don't take profits too early cheers!
MatrixBits
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