AUDNZD - Breakout or Bounce..my bet is on a breakout
Watch 1.1211 for a possible breakout or bounce. See Resistance and Support levels for T/Ps and S/Ls. I will wait to see if we get a breakout and see a confirmation candle above 1.12 and then set my T/P at 1.1552 area.
A bounce would of course open up a possible good short sell as well so it is good to keep ones options open
Happy trading
A bounce would of course open up a possible good short sell as well so it is good to keep ones options open
Happy trading
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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.