Stop hit. Fortunately I sold much less units than previously as I knew it was a risky trade. Look to sell failure into 6170 area.
The great thing about the rising kiwi is that it has further to fall. Looks like this latest move is the one you were waiting for. I just shorted at 0.6140, initial tp at 0.6030
Yes, shorted the failure at 6155 again. Stop is at 6200. I´d have posted earlier, but I took a small holiday in the Dominican Republic (Punta Cana) and internet access here is lacking. Will be back tomorrow.
Yep, I got stopped out. Retail sales. As soon as the market realizes this is probably a one off, common sense will return to the party. But not in time to save my trade
Why do you think its a one-off ivanovich? There could be a lot of pain on this cross if the outlook isnt for the RBNZ to cut rates.