on my cmc platform
regarding news, some commentator said 6080 is prooving to be resistant?
we are reaching that... trigger ready for shorting but... but ...
i thinking that theres a reasonable possibility of the com-dols showing some life at this stage, and these will possibly drag the beleagured kiwi up with them , but it will , or at least should , underperform relatively to the others over anything other than the very short term.
Interesting to see the dollar get as high as .6240 yesterday. Will it drift further upwards in the next couple of weeks?
Had a nice entry order BUY executed at 1am on the 13th @ 6125 when announcements were made in the US. The price literally spiked down to 6125, and shot back up again. Closed @ .6200
Almost makes up for all the times I've been too greedy and set an order too low/high over night , and wake up to find the price comes within 5 pips of said order and races off in the other direction! =)
I am starting to look at the possibility of this turning bearish.
theres divergence on my 3hour graph and I'm seeing a triangle form on the hourly since May 4th which it may have already started to break on the downside.
Not gonna bet the farm on this , it could just be consolidating, but have sold one at 6417 with a ridiculously tight stop at 6435.
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