Second 1/2 of NZD/USD lot stopped out at breakeven

More NZD/USD commentary

This is what I was looking for, originally...but was expecting some stronger selling pressure once we fell below that 23.6% retrace level. Today's US fundies didn't help much and we may range around before picking more direction.

I actually wouldn't mind seeing it continue on up to the 50% retrace level before dipping further. NZD rate cut decision next week, perhaps that will help us along.

Thoughts?

The second half of my short is still hanging in there but I'm not sure for how much longer. Stops were moved to breakeven, it's all risk free. The first half already had profit taken but as the lot was so small, the impact on the annual profit/loss was pretty small. Profit, nonetheless.

Closed 1/2 position @ +65pips

NZD short...

...+65pips as of now, looking to move stops to breakeven.  Hitting some resistance at .69 but I don't expect too much trouble getting through it.

Good morning :)