Euro / Dollaro neozelandese
Long
Aggiornato

ridethepig | EURNZD Trade of the Week

1102
📌 In spite of the overshoots to the downside, what we are trading here is a sacrifice... the 'sad tale of the last seller'.

I love it when sellers go overboard.

Threatening to breakdown, without realising the RBNZ has opened the August window for more free money and NZD devaluation via purchases.

The euro occupies the throne in G10 which the dollar has vacated.. We all have our eyes on unity on the fiscal side, and a change of scenery!

ridethepig | Eurobonds Positional Play


The euro continues its dance. The purpose of this move is to put into action the debt mutualisation / consolidation. But the move versus USD is becoming more difficult as risk approaches the horizon via Covid.

In any case... time for a nice late breakfast while positioning in a dangerous situation.

Thanks as usual for keeping the feedback coming 👍 or 👎
Trade attivo
Nota
This is looking very good...
Trade chiuso: obiettivo raggiunto
First targets cleared here
Trade chiuso: obiettivo raggiunto
Final Targets 1.765x cleared ✅

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