NZDUSD Simple Trade Plans

The long term trajectory of the NZDUSD naturally has suited to the downside, as being the global FX reserve currency, the USD has retained strength over GBP/EUR/AUD/NZD etc.

The stage of the market now is mostly influenced by risk appetite. Slight rebound into this AM to the upside.

Generally, looking for shorts to trade the overall long term bias is ideal. Shorts therefore can be placed higher.