Trade Opportunity Later Today

There is an opportunity for a trade later today when the NZD Retail Sales report is released at 4:45 pm EST.  The expectation for this report is be 0.1%.  We have placed a safe trigger of 0.3% for this release. This report has met our safe trigger in ten out of the last eleven months and the…

Update

Was stopped out of aud trade from 9070-9090 sells for 90 pips. Aud employment release was very strong causing reversal of move.  Still in nzd but monitoring closely, also retail sales for nzd is later this afternoon. For aud levels to watch hold this upmove are 9050-60.