ForecastCity_EU

Don't miss the great buy opportunity in AUDNZD

Long
FX:AUDNZD   Australian Dollar / New Zealand Dollar
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.0455). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. AUDNZD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 60.

Take Profits:
TP1= @ 1.0504
TP2= @ 1.0660
TP3= @ 1.0830

SL= Break below S2
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Comments

Thank you for your ideas
+1 Reply
Perfect Support / Resistance and Technical Analysis!
+1 Reply
Nice analysis as usual
Reply
I hope you’re right! Good luck to us both and everyone in it.
Reply
I have been holding since 1.0300 lol, I have lots of patience.
Reply