Intraday Elliottwave Analysis: NZDUSD, exit longs

Yue Wang LinoCapital

NZDUSD is still capped by 13 day MA.

Almost the same with Aussie, we can't expect Kiwi to directly fight against Dollar's major trend.

I suggest exit long positions from 0.6938 and 0.6913 at market.

For now the base is still valid above 0.6897.

Intraday Trade Idea: (spot 0.6935)

①Buy Limit @ 0.6856 SL @ 0.6840 Take Profit @ 0.6879

②Sell Limit @ 0.6975 SL @ 0.6988Take Profit @ 0.6958

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Author

Yue Wang

LinoCapital

Master's Degree in Hepatobiliary Surgery. 

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