AUD/NZD Daily Update (16/10/16)
Approaching key flip zone area.
If it breaks through this 1.08 zone, expect more bull to rush in.
However, if a rejection candle shows up.. It would provide a good LRE for a short position.
Wait and see..
Key Resistance
- 1.08
Key Support
- 1.06635
- 1.06
- 1.05
If it breaks through this 1.08 zone, expect more bull to rush in.
However, if a rejection candle shows up.. It would provide a good LRE for a short position.
Wait and see..
Key Resistance
- 1.08
Key Support
- 1.06635
- 1.06
- 1.05
Trade closed: target reached
Note
+235 pips
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.