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BK NZD/USD Big Trade Orders – CANCELED
BK NZD/USD Big Trade
Place Order to Sell 1 lot NZD/USD at 0.6772
Place Order to Sell 1 More at 0.6970
Stop for all at 0.7040
Given the turmoil in Asian markets, NZD should be trading lower and not higher. The decline in commodity prices and drop in share values raises the risk of another RBNZ easing this year. NZD is deeply oversold so we are laying out orders to sell on a bounce