TheTradersAvenue

AUDNZD > Easy Trend Continuation Setup Might Come Soon!!

Long
OANDA:AUDNZD   Australian Dollar / New Zealand Dollar
Thank you for taking the time to read my analysis, and if you feel generous and kind today, give it a like and leave a comment it will support the creation of new free ideas for you.

Follow up on #AUDNZD

Hello friends.

This market provided an impulse to the upside and broke major resistance as you see on the chart which now turned to support.

I am expecting a retracement to the downside to retest the support level where I will start looking for a valid reason to buy the market to retest the high for a potential 100 pips or so.

Safe trading everyone
Check today analysis below⠀

>> The market can stay irrational longer than you can stay solvent.
_____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you

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.