Trades: NZD/USD, EUR/NZD, GBP/NZD

Both EUR/NZD and GBP/NZD are the same currencies. NZD/USD is the opposite. If NZD/USD goes short then EUR/NZD and GBP/NZD go long. If NZD/USD goes long then EUR/NZD and GBP/NZD goes short. Multiple trades now exist for RBNZ. Plus multiple trades exist per currency pair.

NZD/USD

Long above 0.6267 to target 0.6311. Levels: 0.6275, 0.6284, 0.6292, 0.6301, 0.6309, 0.6318.

Short 0.6311 to target 0.6301

Short below 0.6267 to target 0.6223. Levels: 0.6259, 0.6241, 0.6223, 0.6215

Long 0.6223 to target 0.6233

Target to Target: 0.6311 and 0.6223

EUR/NZD
Long above 1.7219 to target 1.7288. Levels: 1.7232, 1.7246, 1.7259, 1.7273, 1.7286, 1.7300
Short 1.7288 to target 1.7273
Short below 1.7219 to target 1.7149. Levels: 1.7206, 1.7192, 1.7179, 1.7165, 1.7152, 1.7138
Long 1.7149 to target 1.7165
Target to Target: 1.7288 and 1.7149

GBP/NZD

Long above 1.9812 to target 1.9899. Levels: 1.9829, 1.9846, 1.9863, 1.9880, 1.9897

Short 1.9899 to target 1.9880

Short below 1.9812 to target 1.9724. Levels: 1.9795, 1.9778, 1.9761, 1.9744, 1.9727, 1.9710

Long 1.9724 to target 1.9744

Target to Target: 1.9899 and 1.9724

Brian Twomey

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