A very good risk reward trade before the numbers when you view the chart .

K-man posted the data here earlier.  I opened a long at the lows (red arrow) pre-data. It seemed too tempting with a clearly defined support showing, which gave me something to lean against and place a tight stop-loss .

Price ran nicely up to the 61.8% of the December high-lows where I took half my trade off with decent gains. That could be it for today. We need an eventual momentum push above the fib (blue area) to keep the move alive .

 

 

AUDNZD-H1

Horatio Dubsly

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