The NZD leg of my cross plays is not behaving as expected and it would seem that I’m not the only one trying to pick tops in the flightless one and getting stopped out on fresh highs.
The next level to watch will be .6965/70 in NZD/USD, the most recent highs. If that level breaks, we will surely have a look and see what’s at .70 cents.
GBP/NZD has made fresh lows and stopped me out. AUD/NZD support at 1.1040/50 is still holding but there will be stops below there as well.
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