AUDNZD Update: Time To Take Profit

in trading •  6 years ago 

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About 12-13 days ago, I wrote a post saying that with AUDNZD at 1.03, it was time to open a long position.

It is currently sitting at 1.0525 or a 225 pip profit. My target is 1.0680 but I'm going to lock in some profit and let the remainder run risk-free.

In the off chance there's anyone who actually followed the trade, I'd recommend you to consider lightening the bags as the price has moved up rather exuberantly.

NZDJPY longs starting to look interesting.

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Nice call 💪

Posted using Partiko Android

Thanks, btb! New Zealand can't afford it to go to parity. Their central bank is running scared now lol.