Earlier today, U.S. Core Durable Goods order rose by 1.0% beating the 0.2% growth expectations. Crude oil inventories continues to drop signalling in the ability to unload supply build-up.
NZDUSD already dropped 90~ pips on these two releases and we repeat the continued short trade setup.
This trade is currently in progress as it tests another supply zone presenting a short term short opportunity. Standard setup with a 1.8 reward to risk ratio good for a quick scalp trade.