New Zealand's GDP growth was less than the expectation. Also, we know USD depreciate. Then, I am opening a long position on EURNZD.
It is a scalp trade idea. On Friday, we have two influential news about ADP and Initial jobless claim. Until those news will be released, indexes and coins can recover temporarily.
Fundamentally: - AUD appreciate, and - JPY depreciate. Then, opening the long position.
Very clear LONG. Fundamentally and Technically RR is over 5