Using AUDNZD as a strategic hedge (intraday flows)

If we see a rebound in trade talks here it will help AUD more than NZD. RBNZ is still playing catch-up on the dovish RBA so we have room to the upside here (see attached: "AUDNZD 5th wave complete") for signs of the bottom in a large macro 5 wave sequence.

It is advanced positioning using this as a strategic hedge with the NZDJPY longs as we can isolate JPY from the trade war flows.

Best of luck all those with hopes of global green shoots!

تعليق:

A final push here for the close will do it.

أغلقت الصفقة: تم الوصول للهدف:

Well done all those riding the moves here.

تعليق: